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11 Coins to Buy Ahead of the Next Altcoin Season

11 Coins to Buy Ahead of the Next Altcoin Season

Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.

Altcoin season is a blanket term used to describe a period of time when investors flock to buy cryptocurrencies other than Bitcoin. Timing is everything, so this guide sheds some light on the top cryptocurrencies to buy ahead of the next altcoin season.

We analyze a range of different altcoin projects for ultimate diversification – which includes presales, those that are new on the scene, and long-existing crypto assets. 

11 Coins to Add to Buy Before the Next Altcoin Season

Below is a quick-view list of the top 11 tokens to consider investing in before the next altcoin season begins.

Love Hate Inu (LHINU) – Best Vote-to-Earn Meme Crypto With Utility in 2023Fight Out (FGHT) – Train-to-Earn Rewards Token to Buy before the Next Altcoin SeasonRobotEra (TARO) – Newly Launched Metaverse Presale with Numerous Revenue StreamsIMPT (IMPT) – Trade Carbon Credits on the Blockchain after Uniswap IEOLucky Block (LBLOCK) – Crypto and NFT Gaming Project With GiveawaysEthereum (ETH) – Largest Altcoin by Market Cap With Smart ContractsBinance Coin (BNB) – Digitial Currency Fuelling the World's Biggest Crypto ExchangeDogecoin (DOGE) – Original Meme Token With Strong Online CommunityPolkadot (DOT) – Innovative Web3 Software Project on the BlockchainCardano (ADA) – Third-Generation Proof of Stake Blockchain Platform XRP (XRP) – Underlying Currency of Payment Processing Network RippleVisit Love Hate Inu Presale

 

A Closer Look at the Best Coins for the Next Alt Season

Investors should do their homework, rather than just allocating funds to the first new crypto project they come across. This is especially the case in such a saturated and volatile market.

To shorten this process and enable investors to make informed decisions, we've analyzed the top 11 best altcoins to buy ahead of the next altcoin season.

1. Love Hate Inu (LHINU) – Best Vote-to-Earn Meme Crypto With Utility in 2023

Love Hate Inu's $LHINU token is a promising investment opportunity for the upcoming alt season. It is an innovative platform that uses a voting system powered by Ethereum, which rewards users with staking rewards and utility for participating in polls.

During the presale phase, the project raised over $120,000 in just one day and $820,000 in a week, generating significant buzz in the cryptocurrency industry. 

The presale lasts 60 days, allowing investors to acquire $LHINU tokens using Ethereum, USDT, or a credit card. 

The token's price will gradually increase from $0.000085 to $0.000145 in the final stages.

What is Love Hate Inu?

The $LHINU token issued by Love Hate Inu is a unique utility meme coin that rewards users for voting on trending topics.

The voting platform is a game-changer for the online survey industry, providing a secure and anonymous voting system based on the Ethereum blockchain. The platform encourages social engagement and offers fun character illustrations to enhance the voting experience. 

Stake-to-vote

The platform's user interface and management dashboard are used to oversee voting. People who wish to vote can stake tokens to participate in polls. Votes are anonymous, and spam is avoided thanks to the staking mechanism.

As per Love Hate Inu's whitepaper, users are rewarded with $LHINU tokens in exchange for stakes and votes.

Why Should You Invest in $LHINU?

Since 90% of the total 100 billion $LHINU tokens are available for purchase during the presale stages, there is no risk of a rug-pull.

The remaining 10% is allocated to market listings, community incentives, and liquidity. The anonymous and dependable voting system provides users with a secure and transparent platform to express their views on pressing issues.

These characteristics distinguish $LHINU from other meme coins, making it a valuable and enjoyable experience. Interested buyers can subscribe to Love Hate Inu's Telegram group to stay updated.

Visit Love Hate Inu Presale

 

2. Fight Out (FGHT) – Train-ti-Earn Rewards Token to Buy before the Next Altcoin Season

Fight Out is an exciting train-to-earn and play-to-earn app to help users stay on track with their workout goals. 

The platform has already raised over $5.5 million and will launch its initial exchange offering (IEO) on CEXs on April 5, 2023. The value of $FGHT tokens is to reach around $0.0333 by the time of the official launch, with the presale to end on March 31, 2023.

Fight Out is a T2E and P2E fitness app that incentivizes users to build up their digital fitness avatar through real-life training to then compete for rewards and prizes in the metaverse.

Each Fight Out user has a soulbound avatar – meaning it cannot be sold or traded – that tracks a user's progress and achievements and is then used to go head-to-head with other users in fitness challenges and player-vs-player games.

Users earn the native FGHT token and in-app currency, REPS, which can be used on cosmetic and attribute upgrades for the avatar, as well as through IRL strength, endurance, technique and mobility training.

Fight Out also has a strong play-to-earn element, with users able to wager on real-life MMA fights. 

Additional rewards can also be earned through helping the project grow, wether that is through helping other members of the community or being active on social media.

Fight Out has even secured partnerships with notable UFC stars Amanda Ribas and Taila Santos as well as former world champion boxer Savannah Marchall to enhance its appeal to fitness enthusiasts. 

The platform’s whitepaper provides a comprehensive overview of its features for those who want to learn more.

$FGHT Tokenomics & Bonuses

The $FGHT token is developed on the Ethereum network and adheres to the ERC-20 protocol standard. 

During the presale period, users can earn up to 67% in bonus tokens depending on the size of their purchase and then length of time chosen to vest tokens – for example a purchase of $500 will earn an extra 10%, as will selecting a 3-month vesting period.

Zero vesting is also allowed, but will trigger no bonus, and to earn the full 67% investors will need to purchase $50,000 of FGHT and vest tokens for 36 months. 

Fight Out is also offering a 5% USDT affiliate program, with users generating a unique referral link for others. Lastly, those who want to stay informed can join Fight Out's Telegram group.

Visit Fight Out Now

 

3. RobotEra – Newly Launched Metaverse Presale with Numerous Revenue Streams

RobotEra is a new play-to-earn (P2E) and metaverse project that allows players to generate active and passive income from its ecosystem in a variety of ways.

The presale for its native coin, TARO, was only launched in mid-November and has already passed $1 million of investment, with tokens on sale in stage 1 for $0.02 each.

RobotEra, which is an LBank Labs project that we've named the best crypto game of 2023, will allow players to earn rewards in a number of ways.

Players purchase Robot NFTs to gain access to the game and rebuild the planet Taro, which was destroyed by a cataclysmic event.

Players then buy metaverse plots of land and can monetize them in a variety of ways – from mining resources to building infrastructure and event spaces and charging admission prices, or selling billboard space to advertisers.

Robot companions can also be upgraded and customized and sold on the open market as NFTs.

In fact, RobotEra developers – who are doxxed and KYC-verified – believe new utility and revenue streams will emerge over time with no prior coding knowledge needed and few limitations on what can be built.

The project is in stage 1 of its 3-stage presale, with tokens to rise from the current price of $0.02 to $0.025 and then $0.032. 

A total of 270 million tokens (15%) will be sold during the presale, with no vesting period and a hard cap of around $7 million.

Interested investors should read the RobotEra whitepaper and join the Telegram group for more information.

Visit RobotEra Presale Now

 

4. IMPT – Trade Carbon Credits on the Blockchain after Uniswap IEO

Environmentally-friendly blockchain project IMPT see users mint carbon credits as NFTs to enable businesses and investors alike to reduce their emissions. 

After a highly successful presale that has seen $13.5 million of tokens sold. Some of the top cryptocurrency exchanges, like Uniswap, LBank, Gate.io, Bitmart, and Coinstore, are currently offering IMPT tokens for trading.

IMPT, which features a doxxed and experienced team, is the most energy-efficient crypto that powers the ecosystem. Investors can purchase IMPT tokens and use them to buy carbon credits. Because they are NFTs, the investor retains full ownership of the carbon credits and can therefore buy, sell, or burn them within the IMPT ecosystem.

Retired carbon credits allow investors to compensate for their footprint. All burned carbon credits are sent to a null wallet and the investors who choose to take this route will be rewarded with a collectible NFT each time. 

Investors can also earn IMPT tokens by shopping with the many socially responsible brands that have partnered with the platform. We studied the roadmap and whitepaper and discovered the platform is going to incorporate a social platform. 

This will include a system that allows investors and corporations to collect points and track their scores based on their activities. 

There is a range of impactful projects to pick from. This includes the preservation of forests, sustainable agriculture, the production of renewable energy in developing nations, and others. By 2035, it is predicted that the amount of credit needed worldwide will have multiplied at least 20-fold.

As such, IMPT is a worthy addition to any portfolio when looking ahead to the altcoin season in 2023. Before choosing a project, IMPT allows investors to assess the CO2 compensation quality of each one.

Buy IMPT Now

5. Lucky Block – Crypto and NFT Gaming Project With Giveaways

Top NFT Competition ecosystem Lucky Block had one of the most successful crypto ICOs ever. Once it was listed, LBLOCK became the quickest token to hit a billion-dollar market capitalization. LBLOCK is among the best investments for NFT fans in the build-up to the next altcoin season.

Lucky Block creates the best NFTs that coincide with the platform's various competitions. Investors can take a look at the competition on offer, and then purchase the NFT specified to gain entry. 

One of the most noteworthy Lucky Block competition rewards includes $1 million worth of Bitcoin. To enter this one, investors can buy one or more BTC1M NFTs. Each represents a ticket.

Other prizes include NFT giveaways, a Bored Ape Yacht Club NFT, a 5-star vacation, and a $1 million house. Interested investors can buy a BAYC, 5HOLIDAY, and/or 1MHOUSE NFT respectively, from the Lucky Block platform to enter. The platform is also giving away a Lamborghini. In this case, investors must buy a Platinum Rollers Club (PRC) NFT for entry.

LBLOCK tokens come in two different versions, V1 is a BEP20 coin and is used for rewards, games, and DEX trading. On the other hand, V2 is built on Ethereum, which is more liquid, can be traded on CEX exchanges, and eliminates taxation charges.

The market cap of V1 is around $8.7 million. As of writing, LBLOCK V2 has a fully diluted market capitalization of around $850k. 

A bridge was launched in October 2022, allowing investors to upgrade from V1 to V2 if they wish, while a rolling burn now sees 1% of tokens erased from supply every month.

Visit Lucky Block Now

6. Ethereum – Largest Altcoin by Market Cap With Smart Contracts

Ethereum is a well-known global software platform that uses blockchain technology to power various applications. This includes the verification and execution of smart contracts. There are also lots of P2E games built on Ethereum.

Ethereum is also a popular option for developers who want to create open-source dApps. Ether tokens, or ETH, were introduced in 2015. This large-cap cryptocurrency has been one of the preferred options during many altcoin seasons. 

Ethereum was a proof-of-work cryptocurrency with high fees and slow transaction times compared with others. The network's algorithm has now been upgraded to 2.0. As such, ETH is now a proof-of-stake token. This allows it to be less energy intensive and means that 1,000 transactions can be completed in one second.

Previously, in the same timeframe, only 15 transactions were processed. Ethereum is the biggest altcoin by market capitalization. As of the time of writing, ETH has a market capitalization of about $179 billion.

Buy Ethereum on eToro

Your capital is at risk. Crypto asset investments are highly volatile and speculative.

7. Binance Coin – Digital Currency Fueling the World's Biggest Crypto Exchange

Binance Coin, or BNB, is the native cryptocurrency of the Binance exchange. Binance should need little introduction as it is the largest exchange in the world by trading volume. BNB is the native currency of the exchange and it was originally created utilizing the ERC-20 token standard. BNB now operates on its own blockchain network – the Binance Chain. 

BNB is a popular option for investors during the altcoin season. A maximum of 200 million BNB tokens were created by Binance. However, this is a deflationary cryptocurrency as Binance regularly burns BNB tokens from the circulating supply.  

Its main purpose is to support exchange operations while allowing traders to use the token for transaction fees on the platform.

BNB can also be used to invest in a range of other markets such as equities, as well as to pay for products and services (where accepted as a form of payment).

According to CoinMarketCap, BNB is the fourth largest crypto asset by market capitalization. At the time of writing, the market capitalization of Binance Coin is over $51 billion.

Buy Binance Coin on eToro

Your capital is at risk. Crypto asset investments are highly volatile and speculative.

8. Dogecoin – Original Meme Token With Strong Online Community

Thanks to a huge community of online supporters, including famous faces such as Elon Musk, Dogecoin is a popular investment during the altcoin season. DOGE became the first-ever meme token when it was released in 2013. 

However, it wasn't until the short squeeze of stocks like Gamestop and AMC in late 2020/early 2021 that Dogecoin really gained mainstream attention. 

Online retail investors rallied together to buy DOGE, turning it from a bit of a joke, into a top ten crypto asset. Dogecoin skyrocketed, going from a market capitalization of $1.3 billion to $16.5 billion between January and May 2021.

The value of DOGE tokens increased by thousands of percent, creating huge gains for those who cashed out at the right time. DOGE has no real use cases and there is no cap on its supply. However, it still has a sizable and loyal following on social media platforms such as Reddit and Twitter.

Dogecoin is among the top ten crypto assets by market capitalization. This stands at over $13 billion at the time of writing.

Buy Dogecoin on eToro

Your capital is at risk. Crypto asset investments are highly volatile and speculative.

9. Polkadot – Innovative Web3 Software Project on the Blockchain

Those looking to invest now for altcoin season 2023 should consider Polkadot. DOT powers an ecosystem whereby creators can develop blockchains and much more. The name comes from the network's ability to connect the dots, allowing blockchains to communicate with one another.

These specialized blockchains are referred to as parachains. Polkadot's development is future-proof and community-driven. Network updates are planned on-chain, implemented independently, and without forking the network.

In recent news, the company behind Polkadot, Web3 Foundation, has engaged with the SEC to make DOT a software product rather than a security. The DOT token's price increased, suggesting that it had positively reacted to the most recent announcement.

DOT started November 2022 with a market capitalization of just over $7 billion. Within a week it increased to a valuation of $8.5 billion.

Buy DOT on eToro

Your capital is at risk. Crypto asset investments are highly volatile and speculative.

10. Cardano – Third-Generation Proof of Stake Blockchain Platform 

The native coin of the Cardano blockchain, ADA, is employed to support P2P transactions. Cardano is an open-source blockchain that uses the Ouroboros proof-of-stake model. Scalability, adherence to rules, voter fraud, and interoperability are just some of the issues the Cardano seeks to address.

The peer-reviewed technology used by the network gives it legitimacy and a technical edge over competitors, making it hugely popular in the run-up to the crypto alt season.

Moreover, Cardano is thought to be one of the pioneers of the proof-of-stake mechanism mentioned earlier. This means fast transactions, low fees, and enhanced security. Cardano's market capitalization at the time of writing is almost $14 billion.

Buy Cardano on eToro

Your capital is at risk. Crypto asset investments are highly volatile and speculative.

11. XRP – Underlying Currency of Payment Processing Network Ripple

A well-known digital payment network and protocol built on the blockchain called Ripple has its own currency, XRP. This is one to watch for the next altcoin season. 

Similar to the SWIFT system for international money and security transfers, the primary purpose of Ripple is payment settlements.

On the Ripple network, transactions are settled in a matter of seconds, and the platform can handle nearly 1,500 transfers per second. This is clearly preferable to traditional financial institutions, which may need days to complete a wire transfer.

The market capitalization of XRP is over $22 billion at the time of writing.

Buy XRP on eToro

Your capital is at risk. Crypto asset investments are highly volatile and speculative.

What is an Altcoin Season?

Those who invest in cryptocurrencies are typically interested in the idea of 'timing the market' for the best gains. 

This entails identifying patterns and trends to guide their entry and departure points when placing an order.

Like with equities, investors have declared different 'seasons' in the crypto markets.

See below:

Better-known seasons include crypto winter and summerWinter brings market-wide prolonged depressed prices for digital currenciesMeanwhile, DeFi Summer was coined in 2020, with reference to a surge in the popularity of decentralized finance projects

So what exactly is a crypto altcoin season?

Altcoins are digital currencies outside of BitcoinThis season refers to a shorter period of time when altcoins are on an upward trajectoryThis does not include stablecoins such as USDT, BUSD, or PAX, or those pegged to physical assets

Once investors identify the start of an altcoin season, they begin to buy Bitcoin alternatives. The overarching goal is to find altcoins likely to blow up.

In some cases they outperform Bitcoin. On the other hand, it gives investors the chance to enter and make gains from the crypto market without forking out thousands of dollars on a single BTC token. 

Is it Alt Season Now?

According to the altcoin season index provided by BlockchainCenter, the time has not arrived just yet. To clarify, the index is based on the performance of altcoins in comparison to Bitcoin.

In a nutshell:

If 75% or more of crypto assets have performed better than Bitcoin, it is officially crypto alt seasonAt the time of writing, only 43% of altcoins have outperformed BTC tokens

As such, this presents early investors with an opportunity to build their portfolio before the next alt season. 

Will There be Another Altcoin Season?

It is inevitable that there will be another altcoin season. As with stock trading and other markets, altcoin prices tend to move in cycles.

As we said, investors refer to these trading cycles as seasons.

As such, investors can be all but sure that at some point, altcoin season will begin. When the market seems to be bullish for Bitcoin, this is usually a sign that an altcoin season is on the horizon.

This is because investors who might not have the funds for a BTC token opt for more affordable cryptocurrencies for fear of missing out. That said, outside influences can always affect the crypto market, so investors will need to conduct thorough research.

On a side note: some investors consider trading signals for tips if they don't understand how to read technical indicators and charts. 

When is the Next Altcoin Season?

As we touched on, the next altcoin season will likely be triggered by a Bitcoin pump. That said, an accurate date of when the next altcoin season begins is unknown. The cryptocurrency markets are highly volatile and unpredictable for the most part.

That said, as well as checking an alt season index, investors can also look at charts that illustrate Bitcoin's dominance themselves. Bitcoin's overall market capitalization is relative to the rest of the crypto market, and this is one of the best tools for identifying an altcoin season.

Consider that at the time of writing, TradingView's Bitcoin Dominance Index illustrates 40.1%. This indicates that 40.1% of the market capitalization of all cryptocurrencies is held by Bitcoin. To put this into perspective, Bitcoin's market dominance was over 70% at the end of 2020.

As such, investors might identify an upcoming altcoin season by spotting a significant, long-lasting decline in Bitcoin's market dominance over a period of weeks or months. Another way to identify a potential altcoin season is large-scale hype like that seen in 2020/2021.

Should You Invest Before Altcoin Season?

It's common for investors to start entering positions before altcoin season, although many place orders during too. One of the hardest parts about trading crypto assets is timing the markets. 

That is to say, unless the crypto asset is bought and sold at the right time, the investor can make a loss when they close their position.

Investors can look for blockchain trends on various social media sites and exchanges to try and identify the next alt seasonFor example, this might include an increased interest in analytics platforms, cryptos that can be swapped for carbon credits, or P2E projects like CalvariaAs we said, another signal of a potential altcoin season is when Bitcoin is in the midst of a bull runAt this time, the price of large-cap altcoins tends to increase as well

There is no right or wrong answer to the question of 'should I invest before altcoin season?'. Investors should consider their own interests and goals. It's also important to create a realistic budget and consider diversifying a portfolio to try and mitigate risk.

Another option is to find the best crypto VC firms, such as Block Media Labs, and research their portfolios to see which crypto projects they deem promising and profitable. 

Conclusion

Today, we've reviewed the top trending cryptos to buy ahead of the next altcoin season. This includes a range of established and presale Bitcoin alternatives that many believe are a worthy addition to any portfolio.

For instance, Love Hate Inu is an innovative cryptocurrency that offers exciting rewards for voting on several social matters and fun, meme-worth polls.

The token is currently in the presale phase, available for purchase at a reasonable price of $0.000085 per token and has already raised more than $820,000 in just a week since launching.

Visit Love Hate Inu Presale

 

FAQsWill there be an altcoin season in 2023?

It's hard to say whether there will be an altcoin season in 2023. Some market commentators think an alt season is around the corner. That said, investors should make their own decision based on metrics like Bitcoin market dominance charts, and altcoin index data. When 75% of altcoins have outperformed BTC, the alt season begins for most investors.

What is meant by altcoin season?

An altcoin season is what investors call a period of time whereby altcoins experience a short-term bull run. This is usually down to a Bitcoin rally which leads to FOMO, causing smaller investors to buy upcoming or cheaper altcoins. Altcoin season can also be kickstarted by a meme rally or another sharp increase in interest.

What altcoins should I buy in 2023?

Some of the best altcoins to buy in 2023 are Love Hate Inu's $LHINU token, Fight Out's native token, FGHT, RobotEra's TARO, and Calvaria's RIA. $LHINU is on presale and available to buy for only $0.000085 at the time of writing.

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