3 Low Market Cap Cryptos With Highest Potential For Returns In 2023

YouTuber No Bs Crypto reviewed a selection of new cryptocurrencies with a high return on investment potential for buyers.

Among the promising selections, Wall Street Memes (WSM), Launchpad XYZ, and Sonik Coin stood out as noteworthy choices with potential for growth in 2023 based on their various use cases.

The best cryptocurrencies to invest in 2023: No Bs Crypto’s top recommendations

The list highlights the cryptocurrencies that investors are closely monitoring in anticipation of the upcoming bull cycle, driven by factors such as FOMO, market relevance, and utility.

Wall Street Memes

Wall Street Memes emerged from the successful Ethereum NFT collection known as Wall Street Bulls, which debuted on OpenSea in 2021. This collection offered exclusive benefits to its trading community, including access to an Options Market and whitelisting for other NFT collections.

In May 2023, the Wall Street Memes (WSM) token presale was launched, leveraging its well-established reputation and a community exceeding one million followers across various social media platforms. The much-anticipated memecoin of the quarter, $WSM, is nearing the conclusion of its presale phase, having already garnered over $25 million in funds.

The presale is set to conclude by the end of September, with the token’s value at a low of $0.0337 during this final round. Following its presale, $WSM will be listed on top-tier exchanges by the end of September, potentially leading to substantial price growth.

Since its inception, $WSM has drawn attention, with industry experts predicting that it will succeed spectacularly thanks to its connection to the Wall Street Memes community, which has more than a million followers worldwide.

The reach of Wall Street Memes extends far and wide, with notable figures like Elon Musk engaging with the platform’s memes, underscoring its online popularity. Although Elon Musk isn’t directly involved with the memecoin, his interactions have amplified the project’s buzz.

The community’s massive influence could potentially propel $WSM to premium exchanges. The project also offers passive income opportunities to token holders through its staking pool. In the most recent staking update, the accumulated staked $WSM has surpassed 230 million tokens, providing an estimated annual percentage yield (APY) of 86%.

Furthermore, in celebration of its launch, Wall Street Memes has planned an airdrop, enabling token holders to participate and win a share of $50k by engaging with the project on various social media platforms and joining the Wall Street Memes Discord.

The total supply of $WSM tokens amounts to 2 billion, with the entire supply allocated to the community. Out of this, 50% is designated for the presale, while the remainder is divided between community rewards and liquidity.

Invest in $WSM at wallstmemes.com.

Launchpad XYZ

Launchpad XYZ emerges as a novel Ethereum-based platform with the goal of simplifying the transition of the next wave of users—around 10 million—into the realm of Web3 technologies. Its mission involves providing a comprehensive ecosystem encompassing various aspects of Web3, which is yet to be fully realized in the crypto market.

Should the Launchpad XYZ ecosystem materialize according to its whitepaper, it has the potential to reshape mainstream perceptions of Web3, cryptocurrencies, and NFTs. Positioned as an entry point to the crypto, NFT, and metaverse landscapes, Launchpad XYZ offers more than just an introduction.

Primarily, it equips users with extensive insights and data essential for thriving in these domains. Rather than dictating investment choices or deposit locations, the platform empowers individuals to make informed decisions based on research. Refer to our guide on acquiring $LPX tokens here.

Functioning as a hub for Web 3.0, Launchpad XYZ brings forth a multitude of opportunities for trading, investing, and play-to-earn mechanics to a wider audience. If it unfolds according to its whitepaper vision, it could prepare millions of users to embrace Web3 in the impending years.

The platform’s diverse array of tools and features promises to revolutionize popular understanding of the crypto market. By offering real-time information across a broad spectrum of digital assets, Launchpad XYZ assists users in distinguishing valuable investments from average ones.

With the potential for $LPX to experience an increase of 5x to 10x upon token launch, it presents an attractive investment prospect. However, its true potential is best realized through long-term holding, as the token’s value is expected to progressively rise as the platform onboards more users in the upcoming months.

During the ongoing Launchpad XYZ presale, a notable amount of $1.4 million has been raised up to now, allowing interested buyers to acquire the $LPX token for a price of $0.0445 per token. During the presale’s final 48 hours, buyers can enjoy a 20% bonus on $LPX purchases.

Invest in $LPX at launchpad.xyz.

Sonik Coin

Our final entry is Sonik Coin, a freshly minted memecoin that’s rapidly gaining immense attention within the crypto sphere, despite its recent debut. This coin has surged to the top ranks of memecoin charts, and early investors might see remarkable returns, potentially ranging from 8x to 10x.

Sonik Coin draws inspiration from the beloved animated character Sonic the Hedgehog, a theme that resonates strongly in Asian regions where a significant memecoin investor base exists. This theme holds explosive potential, and as a pioneering concept, Sonik could follow in the footsteps of other memecoins.

Positioned to ride the memecoin wave in September, Sonik is currently in its presale phase, having already amassed over $600k in funds. The presale of $SONIK tokens takes place in a single stage, with tokens available for purchase at a fixed price of $0.000014, ensuring fairness for all participants.

Catch us if you can 💨

The $SONIK presale is selling out fast!👉 https://t.co/s1fTdXDQCK pic.twitter.com/403I2JNuoQ

— SONIK COIN (@Sonikcoin) August 27, 2023

However, those interested in acquiring $SONIK must act swiftly, given the project’s modest presale target of just $2,098,547. The relatively low initial market capitalization provides ample room for potential returns to investors who participate during the presale.

Yet, the theme isn’t the sole driving force behind Sonik’s presale surge. Its stake-to-earn utility also plays a significant role, serving as a countermeasure against early selling pressure and bolstering its long-term viability. Holders of Sonik Coins can deposit them into a staking smart contract, earning rewards for the duration they retain their holdings.

These rewards will be distributed over a span of four years, effectively enhancing the token’s value within the broader market. Beyond acting as a tool to combat market volatility, the staking mechanism ensures a consistent stream of passive income for investors.

Sonik’s ambitious aim is to become the fastest cryptocurrency to reach $100 million in market capitalization. The stake-to-earn feature is anticipated to support this goal, reducing the risk of early-stage sell-offs and stabilizing the circulating supply.

During the presale, 50% of the total supply will be accessible, with an additional 40% allocated for staking. The remaining 10% is earmarked for liquidity upon the token’s launch on the Uniswap DEX following the completion of the presale.

Even if Sonik doesn’t shatter records on its way to this milestone, it holds the potential to deliver substantial returns to its early backers. Invest in $SONIK at sonikcoin.com.

If you want the full list of the top low market cap cryptos with highest potential for returns in 2023, please watch the video provided above.

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