The cryptocurrency market is volatile, and cryptocurrencies are highly speculative in nature.
Many crypto analysts have advised investors to get themselves familiar with the market before investing in it.
Moreover, it is also beneficial for investors to have a clear vision of what they want to achieve before investing in any cryptocurrency.
The current trend in the cryptocurrency market is highly bearish and volatile. Due to the presence of strong bulls, even the established crypto tokens are losing their prices.
According to analysts, now is not the right time to invest in famous digital tokens as their prices are high, and the chances of losses are also high.
This is the time for investors to invest in newly launched crypto coins which are underpriced and expected to go higher in 2023.
Give below is the list of the top 5 best newly launched crypto tokens to invest in.
- ORYEN – An Automated Staking Platform
ORYEN is a newly launched crypto token making a lot of noise and is on the horizon. Experts are very closely monitoring the evolution of this cryptocurrency.
Originally, it was a staking protocol currently in its development phase. The platform will be launched soon on Binance Smart Chain. This complex staking platform will offer yields to its users.
The vision behind the development of ORYEN is to make complex staking operations as simple as possible.
With Oryen, beginners and experts can both take part in the process of staking and can earn fixed and sustainable yields on their investments.
Oryen is currently in phase four of the ICO, and the cryptocurrency has already raised $1,000,000 in funds.
Those who have invested in the currency in its earlier phases have already bagged 140% returns.
As of this writing, Oryen is being traded at $0.12, which is the perfect opportunity for investors to invest as its price is expected to go further high once it enters in the final phase of its ICO.
- Battle Infinity- An Upcoming Decentralized Web 3.0 Gaming Project
Another interesting option for investors is Battle Infinity (IBAT). IBAT is the native token of Battle Infinity.
Those who love the cryptocurrencies that incorporate play-to-earn games in the metaverse must go for the upcoming crypto gaming start-up and invest in IBAT tokens.
This is one of the most popular crypto projects of 2022. Moreover, it had the most successful presale of the year.
As far as the cryptocurrency’s performance is concerned, the token has achieved its target market cap of 16,500 BNB in just 24 days.
The project has also been dubbed the multiverse of the metaverse. The price of IBAT is at its all-time low and is offered at around $0.0019.
As the price of this token is expected to reach a high in 2023, analysts have urged investors to rush and buy this token now.
- The Hideaways- A Crypto Real Estate Project
Another solid crypt project is Hideaways, famous because of its real-world implications. There are very few crypto projects as of now with real-world implications.
Hideaway has also developed its digital token, known as HDWY. The crypto token is currently in its presale phase.
Investors must know that Hideaways is a luxury real estate platform through which investments can be made to buy property.
This luxury platform allows investors to invest and buy land in the metaverse. HDWY tokens are developed as a method of payment by Hideaways to purchase land in the metaverse.
At this time, one HDWY token is being offered at around $0.072. But investors believe that with the start of 2023, the crypto token price will increase rapidly.
As there are a lot of upcoming crypto projects, every investor should be clear about what to expect and achieve before becoming part of every project.
As of this writing, the crypto mentioned above tokens are available at the lowest prices, which means now is the best time to earn lucrative profits.