What is the Best Cryptocurrency to Invest in Right Now?

The volatile cryptocurrency market has led many to experience FOMO, and its complexity has, unfortunately, led many to fall victim to exit scams. However, we can now bypass these challenges thanks to a newly released tool. This guide will explore this tool so you can make informed investment decisions.

Updated 11th April 2023 at 23:55

Since the market is rapidly changing, you need to be wary of articles listing the best cryptocurrency to invest in right now. Their number one pick might be a good choice one day and a lousy investment the next. Instead, the only proper way to understand the market and find the best cryptocurrency to invest in at any given moment is to use tools yourself and look at real-time, on-chain data. 

Discover the Best Cryptocurrency to Invest In

Moralis Money is the best and easiest way to get irrefutable, real-time, on-chain data!

You can use Moralis Money entirely for free, and you are not even required to connect your Web3 wallet if you don’t want to. 

No signup. No personal data. And no BS!

Experience the magic of Moralis Money firsthand in the widget below. Apply premade filters, or create custom queries yourself to only get the coins you want by adding various metrics! 

Using Moralis Money, our team of experienced traders managed to capitalize on several great opportunities. For instance, we managed to discover coins like MATIC crypto, EGLD, and most recently, HEX before they made impressive price rallies:

  • MATIC – Our team discovered MATIC at just $0.003. A couple of years later, the price surged to $2.9 – an incredible 96,400% increase: 
MATIC Price Chart - The Best Cryptocurrency to Invest In
  • EGLD – We found MultiversX (EGLD) at $9.18. A year later, we sold at $524.58 – making a 5,800% profit:
EGLD Chart - Is This the Best Cryptocurrency to Invest In?
  • HEX – Our team found HEX at the beginning of 2023, trading at $0.017. Three months later, we sold at $0.15 – making an 800% profit: 
Price Chart of HEX Crypto

If you want similar gains and find the best cryptocurrency to invest in, use Moralis Money and find tokens before they pump!

Best Cryptocurrency to Invest In – An Introduction

The best cryptocurrency to invest in might be different for different people. Some people might be looking for a safe investment with many holders, extensive trading volume, and high liquidity. Others might simply be hunting for the latest altcoins, regardless of their attributes. 

50 Cryptocurrency Coins Spread Out on Table

With Moralis Money’s fully customizable filters, you can find coins that fit your own appetite. There isn’t a ”one size fits all” solution to finding the best cryptocurrency to invest in. Different traders have different needs, viewing different cryptos as being the best cryptocurrency to invest in for them. 

Perhaps you only want to find coins currently popular among experienced traders. You may have an appetite for risk and want to discover the top crypto to buy now. Or maybe you want to start day trading crypto. All of this is possible when using Moralis Money

Why are People Failing? 3 Crypto Investing Challenges

With the right timing, altcoins can be the way to go in finding the best cryptocurrency to invest in. After all, during a bull run, the average altcoin performance is 50x-70x

Plus, the right coins even offer 100x or even 1000x potential

However, what’s stopping investors from taking advantage of these opportunities? There are generally three challenges associated with cryptocurrency investing:

  1. FOMO – Finding crypto coins late can be devastating, as people tend to trade emotionally. If this happens, they usually experience FOMO, buying assets at the top, only to see their coins crash.
  1. Scams – Without sufficient data, traders fall victim to cryptocurrency scams like rug pulls and exit scams.
  1. Lack of Time – Without proper tools and systems, finding the best cryptocurrency to invest in is a full-time job. The market is volatile, and opportunities come and go in a heartbeat.

So, how can you tackle these three challenges and capitalize on the upcoming bull market? 

The answer is Moralis Money!

Moralis Money – Token Explorer, Token Shield, and Token Alerts

In the Moralis Money suite, you’ll find three tools specially designed to tackle the everyday challenges of crypto investing: Token Explorer, Token Shield, and Token Alerts.

  • Token Explorer – With the Token Explorer feature, you’ll never again fall victim to FOMO. Instead, you can find the best crypto to invest in before anyone else. 
  • Token Shield – Using the Token Shield feature, you get access to cryptocurrency security data. This can help you void common scams lite rug pulls.
  • Token Alerts – Save search queries and set up email notifications with Token Alerts. In doing so, you can get real-time alerts when new coins emerge matching your preferences. This means you can act immediately on opportunities without having to go full-time in crypto. 
Which is the Best Cryptocurrency to Invest In? Find Out with Moralis Money

With these three Moralis Money features, casual traders get insight usually reserved for full-time crypto investors. 

So, how do these features work? 

In the sections below, we will demonstrate each, starting with how you can find the next big crypto using Moralis Money Token Explorer!

Find Tokens Early with Token Explorer

With the Moralis Money Token Explorer feature, you can easily find the best cryptocurrency to invest in. 

The most straightforward way to get started is with its already-built filters. All you need to do is selecting one of the premade filters: 

However, with Moralis Money, you can also combine metrics to create custom filters. In doing so, you can target the coins you are interested in that fits your investment strategy. 

So, how do you create custom filters? 

Step 1: Let’s first target new coins minted this week. To do so, add the Coin Age metric and select coins created within seven days: 

Step 2: Next, let’s also search for coins gaining traction from other buyers that are likely not scams. So, first, we add the Experienced Buyers filter, searching for coins where experienced buyers have increased by ten this week. 

From there, we can also add the Security Score metric to find coins with a DEXT score greater than 70

Step 3: Add any additional filters you’d like to identify the best cryptocurrency to invest in. 

You can make your searches even more specific by tweaking or adding additional metrics. As such, you can create your custom filters to only get the coins you are after!

Dodge Scams with Token Shield

With Token Explorer, you can find the exact cryptocurrencies you seek, and with Token Shield, you can dodge potential scams while doing so!

With the Token Shield feature, you get security information to avoid potential exit scams, rug pulls, etc. When using Token Explorer, all you need to do is look for the shield symbol attached to each coin: 

The shield shows the DEXT score, which measures the confidence of a project. The score is algorithmically calculated. Furthermore, some factors considered are the number of holders, liquidity, social information, etc. 

A token can have a maximum score of 99; and a minimum of one

For more information on the DEXT score and how this metric is calculated, click the shield for any of the coins. By doing so, you will be redirected to the following page: 

In combination with Token Shield, you should always do your own research (DYOR). A great way of doing so is by clicking the link attached to each cryptocurrency: 

This will take you to DEXTools, another excellent resource for further exploring token projects. 

Also, the Moralis Money team continuously works on improving each feature, including Token Shield. As such, the amount of security information will 10x shortly. This means you will be able to make even more informed decisions in the future to find the best cryptocurrency to invest in!  

Never Miss an Opportunity with Token Alerts

Combine Token Explorer and Token Shield with Token Alerts to never again miss an opportunity, even if you aren’t full-time in crypto! 

When creating custom filters with Token Explorer, you can save them with the click of a button: 

Once saved, you’ll be able to set up alerts notifying you when a new coin appears, matching your filter. All you need to do is to click on the ”Account” tab and hit the bell button for the saved query in question: 

Setting up alerts with Token Alerts means you don’t need to go full-time crypto to find the best cryptocurrency to invest in! 

Note: Moralis Money Token Alerts isn’t live yet. However, the team is working hard on launching Token Alerts. It should be available in the coming months. So, try Moralis Money now and be among the first to use Token Alerts when it launches!

Go to the Next Level with Moralis Money Pro

You have the option to use Moralis Money entirely for free. You don’t even need to connect your Web3 wallet if you don’t want to. 

However, we recommend connecting your wallet to get the full Moralis Money experience. This is easy, and it only takes a few clicks.

By connecting your wallet, you gain access to additional features. This includes collecting Moralis Money beans, saving search queries, and subscribing to the Pro plan! 

The free version of Moralis Money is a great start. But if you want to make even more accurate crypto predictions, you should consider the Pro plan. 

With the Moralis Money Pro plan, you can narrow your search queries with more precise timeframes, save more custom filters, get more security information, and much more. 

Also, you should know that the Moralis Money team is dedicated to improving all features. This includes adding more security information, additional filters, etc. This further means the value of Moralis Money will 10x in just a few months.

Doing Your Own Research – Finding the Best Cryptocurrency to Invest In

While Moralis Money presents an easy way to list potential coins where one might be the best cryptocurrency to invest in, you still want to DYOR. 

Do Your Own Research When Exploring The Best Cryptocurrency to Invest In

For instance, you’ll want to check out the project’s website, team, whitepaper, socials, investments, etc. All these factors can play an essential role in a project’s performance from a short and long-term perspective. 

In combination with DYOR about the specifics of a project, you also want to monitor the overall crypto market. 

The market follows its own market cycles. Unfortunately, it is almost impossible to spot the peaks and bottoms of the market. But you can improve your odds and make more informed decisions by understanding concepts like technical analysis (TA) and broader macroeconomic factors.

Nevertheless, combining the irrefutable, real-time on-chain data Moralis Money provides with DYOR is a great way to find the best cryptocurrency to invest in!

Summary – Best Cryptocurrency to Invest In

The crypto market is extremely volatile. This means that a cryptocurrency that is the best to invest in today might be a poor investment tomorrow. 

As such, you should be careful in trusting guides listing what crypto to buy now. Instead, you want to DYOR based on unbiased, real-time, on-chain data. The easiest way to get it is with Moralis Money

With Token Explorer, you can narrow down thousands of assets to easily find the best cryptocurrency to invest in right now. From there, with a little of your own research, you’ll be able to easily capitalize on the next bull run. 

With the Token Shield feature, you can avoid troubles like rug pulls and exit scams. This means you can stay safe and easily filter out scams. 

Lastly, with Token Alerts, you can set up notifications based on your search queries. With this feature, you’ll never again miss an opportunity, and you’ll be able to take advantage of the coming bull market! 

If you found this article interesting and want similar content, please check out more content here on the blog. For example, read about MATIC crypto predictions or how to get rich quick with crypto

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WRITTEN BY David Olsson
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