Cheapest Crypto to Buy in 2023 – With Significant ROI Possibilities

Are you looking for the next big thing in the world of cryptocurrencies? Well, look no further because I have some exciting news for you. In this article, we will be diving into the world of the cheapest cryptocurrencies to buy in 2023, with the potential for high returns on investment. If you’re ready to explore new opportunities and potentially make significant gains, then keep reading.

Cryptocurrencies have taken the financial world by storm, with Bitcoin and Ethereum leading the pack. However, as these popular coins become more expensive, it’s becoming increasingly difficult for new investors to enter the market. That’s where the cheapest cryptocurrencies come in. By investing in these lesser-known coins, you have the chance to get in early and potentially witness exponential growth in the coming year. So, if you’re looking for an affordable entry point with the potential for high ROI, this article is for you.

Throughout this article, we will be analyzing different cryptocurrencies and their potential for growth. We will explore their current prices, market trends, and future prospects to provide you with a well-rounded understanding of the cheapest cryptocurrencies worth considering in 2023. So, get ready to discover hidden gems that could potentially skyrocket your investment portfolio.

Polygon (MATIC)

---

Polygon provides a Layer 2 scaling solution for Ethereum using an adapted Plasma sidechain architecture and PoS consensus. This allows it to offer significantly faster and cheaper transactions versus Ethereum L1.

Polygon has rapidly gained adoption with over 7000 DApps integrated so far across DeFi, NFTs, gaming, metaverse and Web3. MATIC facilitates staking and governance on the network. After surging to $2.90 in 2021, MATIC has pulled back below $1, presenting a compelling value opportunity.

Mantle

---

Mantle is an innovative modular blockchain that allows customization of Layer 2 solutions to project needs. It focuses on versatility, security, decentralization and interoperability. Mantle uses a “rollup first” approach and has its own native MTL token that enables community governance.

Mantle is backed by Polygon and has integration support for multiple chains including Ethereum, Polkadot, NEAR and Tezos. MTL has declined from its peak above $0.50 to around $0.33, increasing its investment appeal.

XDC Network

---

XDC Network provides an enterprise-grade hybrid blockchain tailored for global trade and finance. Its permissions system appeals to institutions and corporations.

XDC facilitates transactions as a base currency and settlement layer. Major partners include IBM, Ripple and NEM. Despite real-world use, XDC trades under $0.04, an intriguing value given its focus and partners.

Kaspa

---

Kaspa is a cryptocurrency project focused on developing a secure, decentralized and scalable blockchain platform. It uses a novel consensus protocol called GHOSTDAG that allows high throughput with parallel block creation.

Kaspa’s goal is to achieve the trifecta of excellent security, high scalability and true decentralization. With its KAS token below $0.005, Kaspa offers a speculative opportunity on an ambitious new network.

Radix

---

Radix is building a high-speed decentralized network specifically designed for DeFi and dApp development. Its Cerberus consensus protocol promises linear scalability. The Radix Engine component aims to make DeFi and dApp creation simple for developers.

Radix positions itself as an alternative to Ethereum for DeFi development. Speculators are excited about its XRD token trading near $0.05, while remaining cognizant of its early development status.

Conflux

---

Conflux utilizes an innovative Tree-Graph consensus model to power a fast, scalable and decentralized public blockchain that can serve the demands of dApps. It aims for a global and permissionless blockchain ecosystem with community governance.

Conflux token (CFX) drives development and facilitates transactions. While use remains limited, CFX trades around $0.015, presenting speculative appeal after declining from $1.

Fetch.ai

---

Fetch.ai combines artificial intelligence and blockchain to enable automation of resource management and optimization of processes. Its open access, permissionless network allows anyone to leverage AI for efficiency. Fetch.ai’s native token FET fuels the platform.

With the token sinking below $0.10 amid the broad crypto decline, Fetch.ai offers an affordable entry point to access a futuristic AI-based blockchain project.

SKALE

---

SKALE provides configurable Ethereum-compatible sidechains to enhance speed, throughput and costs for decentralized apps. Its modular network and pooled validation model offer efficiency gains. SKL provides staking, governance and access to the SKALE Network.

SKL has experienced strong volatility given its small market cap, sliding below $0.04 from previous highs above $0.70, giving it breakout potential if adoption grows.

Nervos Network

---

Nervos Network uses a layered architecture to enhance blockchain security, flexibility, decentralization and interoperability. The base layer uses Proof-of-Work while upper layers can leverage PoS and smart contracts.

Nervos Common Knowledge Base (CKB) token secures the network. Nervos remains early stage but CKB trades below $0.01, providing a cheap option for proponents.

LTO Network

---

LTO Network focuses on enterprise blockchain solutions for digital identity, verification and data privacy. It uses a hybrid model with both private and public blockchain layers.

LTO Network integrates with existing systems and bridges real-world data. LTO token powers the network. Focused on niche B2B use, LTO trades under $0.07 but could surge if adoption in its target verticals develops.

Read also:

---

This group of cryptocurrencies trade at big discounts from previous price highs, in some cases below $0.10. Their affordable valuations combined with exciting platform potential make them worthy of consideration for crypto investors comfortable with significant risk.

Their current prices offer attractive upside if their roadmaps advance over time.