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Best Web3 Cryptos to Buy Now

If you’re looking for the best Web3 cryptos to buy now, you’ve come to the right place. Our team of experts made an in-depth analysis of the web3 crypto market and selected the best assets for investors.

These refer to the digital assets native to some of the most promising Web3 projects. We feature them here because they have performed well in the past and promise dramatic returns on your investment moving forward. Our experts at Crypto2Community will provide you with a detailed review of these digital assets and tell you where to buy top web3 cryptos. We also provide a step-by-step guide to buying your first Web3 crypto.

The Best Web3 Cryptos to Invest in Right Now

Our analysts have carefully vetted the Web3 niche and the most popular Web3 projects. Ultimately, they settled on the following as the best Web3 coins to buy right now.

  1. Ethereum (ETH) – Overall Best Web3 Cryptos to Invest in Right Now
  2. Solana (SOL) – Most Promising Web3 Coin to Buy Right Now
  3. Uniswap (UNI) – Most Undervalued Web3 Project to Invest in Today
  4. Ripple (XRP) – Grossly Undervalued Crypto with a Hugely Promising Future
  5. Binance Coin (BNB) – Fast Growing Blockchain with a Thriving Web3 Ecosystem
  6. Decentraland (MANA) – Popular Metaverse Crypto Worth Buying Right Now
  7. Cosmos (ATOM) – The Best Interoperability Token to Invest in Today
  8. Basic Attention Token (BAT) – Best Web3 Token to Invest In for Passive Income
  9. Chainlink (LINK) – Innovative Web3 Crypto Linking Crypto Verse with the Real World
  10. Tron (TRX) – Popular Web3 Crypto for the Digital Economy and Entertainment Industry
  11. Polakdot (DOT) – Revolutionary Web3 Coin Selling at a Discounted Price
  12. The Graph (GRT) – Popular Indexing Protocol Fueling Development of Web3 and DeFi Projects
  13. Polygon (MATIC) – Best Layer Crypto to Buy and Hold
  14. The Sandbox (SAND) – Popular Metaverse Token with a Highly Promising Future
  15. Maker (MKR) – Best DeFi Coin to Invest in Right Now
  16. FileCoin (FIL) – Best Web3 Coin for Decentralized Storage Services
  17. Livepeer (LPT) – Best Web3 Project Facilitating Decentralized Video Streaming

Below, we provide you with a detailed review of the above-listed web3 projects. We will look at the factors that help them stand out and the top reasons to invest in the coins. We also go over factors to consider when searching for the best Web3 tokens. The guide also discusses the top altcoin exchanges where you can buy Web3 tokens and the factors influencing their price.

Review of the Best Web 3 Crypto Tokens to Invest Right Now

When searching for the best Web3 token, we considered a number of factors. First was the relevance and use cases for its underlying blockchain protocol. We then looked at its past and expected future price performance. Here are the best cryptos to buy in the Web3 ecosystem. These range from the best DeFi coins to the most sustainable crypto projects.

1. Ethereum (ETH) – Overall Best Web 3 Cryptos to Invest in Right Now

Ethereum is one of the most popular crypto assets and the most valuable web3 coin. We feature it here because it is the defacto blockchain for web3 projects. We note that virtually all the most popular and revolutionary web3 projects were launched on Ethereum. These range from metaverse projects, play-to-earn games, dApps, and even DeFi programs. The overall performance of these projects, therefore, has a direct impact on ETH’s price action.

Ethereum

Launched in 2015, Ethereum has positioned itself as one of the most ideal Launchpads for Web3 projects. In fact, it is home to more web3 programs than any other smart contract blockchain out there. While some of these have eventually launched own mainnets and layer-2 protocols, majority are still hosted on the ETH network. Their popularity and adoption have, therefore, played an instrumental role in shaping ETH’s future.

ETH also ranks this high on the list of best Web3 coins because it has a promising future. Plus, the many developments taking place on the platform are all aimed at making Ethereum as developer-friendly as possible.

These range from the Merge in 2022 to the Dencun upgrade slated for early 2024. They, alongside the growing adoption of crypto and blockchain technologies, are expected to catalyze the launch of more Web 3 projects on the network.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

2. Solana (SOL) – Most Promising Web 3 Coin to Buy Right Now

Solana is Ethereum’s fiercest rival and one of the best ‘Ethereum killers’ out there. Like Ethereum, it has also created a Launchpad for the best Web3 projects. At the time of writing, the Solana network is home to tens of hugely popular and revolutionary decentralized projects.

Solana

These include STEPN GameFi, RayDium and Orca DEXs, Audius music platform, and Solarians NFT project. It might also interest you to note that Solana launched an incubator program for Web3 startups.

Solana also makes it here because it has performed incredibly well in the past. Launched in 2021 and with an overall ROI of more than 45000%, SOLS has been one of the most lucrative cryptos of all time. Moving forward, we expect Solana to sustain this uptrend. Buying and holding this Web3 crypto, therefore, exposes one to possible dramatic returns in the near future.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

3. Uniswap (UNI) – Most Undervalued Web3 Project to Invest in Today

There is no web3 without decentralization. At the heart of decentralized trading sits the Uniswap decentralized exchange. Launched in 2018, Uniswap was the first exchange to embrace the Automated Market Maker (AMM) model in facilitating trading. So far, this web3 platform has facilitated 71 million crypto trades worth more than $1.5 Trillion. Uniswap has also been integrated into 300+ crypto programs.

Uniswap Crypto

Moving forward, we expect more crypto investors to embrace such DEXs as Uniswap. After all, they are cost-friendlier and support anonymous trading. You also get to earn passively when you contribute liquidity to the platform. These developments and the crypto community’s optimism towards Uniswap’s future have significantly impacted UNI’s token prices.

The web3 coin has performed exemplarily well in the past – maintaining an overall uptrending price action. During the next crypto bull market, UNI is expected to rebound and possibly recapture the ATH set in May 2021. These make it one of the best Web3 coins to add to your portfolio.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

4. Ripple (XRP) – Grossly Undervalued Crypto with a Hugely Promising Future

Ripple threatens to bring sweeping changes to the global banking industry. It hopes to achieve this by replacing SWIFT as the most preferred communication tool for the industry. It has also partnered with tens of countries and central banks that are building CBDCs on blockchain networks. Ripple has also acquired several Web3 companies, including Metaco.

 Ripple Web3 Crypto

Its active involvement in the Web3 world makes XRP one of the best cryptos to buy today for beginners. The decision to feature it here was also influenced by the fact that it currently is one of the most undervalued cryptos out there. It recently won the SEC case that saw it miss the 2021 market rally. There is a lot of optimism in the crypto world that XRP will gain the 800% needed to recapture its 2018 highs.

We also acknowledge that many developments that took place on the Ripple network aren’t priced in yet. Not forgetting that, like all the top altcoins, XRP is highly obedient to crypto market trends. With no SEC case dragging it down this time, Ripple should explode during the next bull market. Some optimists are even confident it can rally by as much as 1400% to peak above $7.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

5. Binance Coin (BNB) – Fast-Growing Blockchain with a Thriving Web 3 Ecosystem

Binance coin is the native token for the Binance smart chain – one of Ethereum’s fiercest competitors. It is a flagship project of the Binance crypto exchange that launched in September 2020. Like Solana and Ethereum, Binance smart chain provides a Launchpad for Web3 projects. Today, it is home to 1200+ such projects – including some of the most popular DeFi, DEXs, and dApps.

Binance Coin

The Binance smart chain is one of the fastest-growing web3 ecosystems in the world today. This explosive growth and the Binance exchange’s popularity have greatly influenced the BNB token’s price. But so has the web3 crypto’s deflationary traits. All these have gone a long way in making Binance one of the best altcoins to consider now.

We must also observe that the Binance coin is highly obedient to crypto market trends. It rallies when the market is recovering and dips when it crashes. Moving into 2024, the crypto market has already started showing signs of recovery.

This has optimistic investors and analysts convinced that BNB will rebound and recapture the ATH set in 2024. The fact that this would see the top 5 crypto rallies by more than 200% makes BNB one of ETH’s best Web3 coins to invest in now.

Note, however, that the case fronted against Binance.US by the SEC threatens to dent BNB’s possible recovery.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

6. Decentraland (MANA) – Popular Metaverse Crypto Worth Buying Right Now

Decentraland is one of the few projects that live true to the Web3 “read/write/own” mantra. It provides its metaverse citizens with the tools to create custom NFT assets that they can own and monetize. Most recently, it came up with the SDK 7 tool that you can use to create and launch online games on the platform.

You also get to pocket all the revenues derived from playing this game. In addition to games, you can create unique wearables or organize concerts.

Decentraland Crypto

Today, Decentraland is arguably the most popular metaverse project. It is also one of the most adopted Web3 projects, with renowned brands buying virtual plots and committing to their development. These include Samsung, Domino, Coca-Cola, Adidas, and even Atari. These, plus the large community of supporters, are the top factors making Decentraland the best Web3 project to invest in today.

Other factors include its resilience and the fact that it has maintained an overall uptrending price action since launch. As the crypto market welcomes the next bull cycle, we expect MANA tokens to start rebounding. Optimistic analysts are especially confident it will rally by the 1000% and break above the 2021 all-time high.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

7. Cosmos (ATOM) – The Best Interoperability Token to Invest in Today

Cosmos is commonly referred to as Blockchain 3.0 and is one of the best future cryptos. It is popular for developing the InterBlockchain Communication (IBC) protocol. The tool facilitates communications and data sharing between blockchains – effectively solving the interoperability challenges facing the crypto industry.

Cosmos is also home to the Cosmos SDK that anyone can use to create and launch dApps and other crypto programs on the network.

Cosmos Altcoin

These factors have helped endear it to other crypto projects and global brands. Its accessibility and overall uptrending price action, on the other hand, helps endear it to crypto investors and traders. At the time of writing, for instance, the ATOM token trades more than 10000% above its 2017 ICO price. Even then, this current price is more than 77% below its September 2021 all-time highs.

Later in 2024, the crypto market is expected to embark on a bull run, triggered by the Bitcoin halving event in April. This should fuel ATOM’s price recovery and help it rally by the 4400% needed to recapture the 2021 ATH. These are some of the factors informing our decision to feature ATOM in our list of the best Web3 coins worth buying.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

8. Basic Attention Token (BAT) – Best Web 3 Token to Invest In for Passive Income

Basic Attention Token is the native for a web3 project that seeks to revolutionize the digital advertising industry. Currently, most centralized internet companies collect your data and monetize it by selling it to advertisers. Even then, most of the ads presented to internet users are irrelevant to them. This creates dissatisfaction for both you and the advertiser.

Basic Attention Token

BAT hopes to change this with its Brave browser. It gives you the right to control how much, if any, of your personal data is collected by platforms and sold to third parties. You also get to opt in and out of viewing the internet. Even more importantly, you decide the type of ads to view. You also get paid in the form of BAT tokens for every ad you view.

The fact that you earn passively for just viewing ads is reason enough to consider investing in the BAT project. Others include the fact that BAT has a hugely promising future. Plus, at the current price of close to 90% below its all-time high – BAT is one of the most undervalued Web3 cryptos to invest in today.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

9. Chainlink (LINK) – Innovative Web 3 Crypto Linking Crypto Verse with the Real World

A number of factors help make Chainlink one of the best Web3 coins to buy today. First is the fact that it has been one of the best-performing altcoins of all time. The top altcoin has maintained an uptrending price direction since its launch in 2017. Even though it currently trades 70%+ below its all-time high, it still sells more than 16000% above its ICO price.

Chainlink Web3 Crypto

There have also been several significant developments in the Chainlink ecosystem in the past. Not forgetting that Chainlink’s resilience and obedience to market trends are second to none. Heading into 2024, a number of factors are expected to trigger a bull run for the crypto market and recovery for LINK tokens.

These include the approval of Bitcoin ETFs, the Ethereum Dencun upgrade, and Bitcoin halving. When this happens, forecasters expect LINK tokens to rally by more than 400%.

Chainlink also serves a key role in championing the success of the Web3 ecosystem. Through its oracle system, Chainlink serves as the bridge between the real world and the crypto-verse. This lets Web3 developers leverage real-world data when coming up with advanced and highly efficient web3 programs and projects.

Read More: Chainlink Price Prediction 2024 And Beyond

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

10. Tron (TRX) – Popular Web 3 Crypto for the Digital Economy and Entertainment Industry

Tron is a decentralized blockchain network dedicated to the creative industry and content creators. It hopes to eventually replace the centralized entities and other middlemen that stand between creatives and consumers. Tron provides these creatives a platform through which they make their content available to consumers and get paid or receive rewards directly. It makes it possible for content creators to connect directly with their consumers.

TRON

Tron was founded by the highly controversial entrepreneur – Justin Sun – and launched in 2017. Today, it is managed by the Tron Foundation – which was recently sued by the SEC for securities law violations.

However, TRX crypto proved its resilience by rallying and briefly becoming a top 10 crypto despite the SEC battle and Sun’s controversy. It has also maintained an overall positive price action since its launch. These, alongside a recovering market, make TRX the best Web3 coin to buy.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

11. Polkadot (DOT) – Revolutionary Web 3 Coin Selling at a Discounted Price

Polkadot is the most popular and most valuable layer-0 blockchain technology. It is a crypto technology that hosts multiple layer-1 blockchains – referred to as parachains. It serves as a super network for a user-controlled decentralized web.

Here, anyone can create and deploy new applications or offer different services. Its most outstanding feature is its unparalleled scalability, made possible by the ability to process transactions on several chains simultaneously.

Polkadot Altcoin

Created and actively maintained by Web3 Labs – a Swiss Foundation – Polkadot has morphed into the largest and most valuable layer-0 network. Its DOT tokens have also performed exceptionally well in the past. For example, they currently trade more than 2500% above its 2019 ICO price. As blockchain and crypto technology gathers pace, we expect Polkadot’s use cases to continue rising. But so will the value of the DOT tokens.

Other factors making DOT the best crypto to buy include the fact that it sells at a discounted price. At the time of writing, DOT trades more than 85% below its November 2021 highs. It also makes the cut for the best Web3 project to buy because it is obedient to market trends. Therefore, as soon as the market starts rallying, Polkadot will sprint and set sight on a new all-time high.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

12. The Graph (GRT) – Popular Indexing Protocol Fueling Development of Web 3 and DeFi Projects

The Graph is an indexing protocol for querying data on blockchain networks like Ethereum. It is used by developers of Web3 programs and projects to fund accurate and useful information. This helps these developers create highly efficient Web3 programs.

The Graph Altcoin

It is currently deployed on Ethereum and IFPS networks, with plans at hand to launch on other EVM-compatible blockchains. The crucial role it intends to play in the advancement of the Web3 ecosystem makes it one of the best cryptos to buy today.

The Graph is worth investing in because its GRT tokens currently sell at a highly discounted price. At the time of writing, it sells close to 95% below its February 2021 highs. But a number of factors are expected to trigger its rebound and huge returns on your capital. First is the recovering crypto market. Second has to be the growing adoption of Web3 technologies and demand for dApps, DeFi, and smart contract programs.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

13. Polygon (MATIC) – Best Layer Crypto to Buy and Hold

Polygon is the most popular and most valuable layer-2 scaling solution for the Ethereum network. It makes it to this list because it hosts many Web3 programs built atop the Ethereum network. These hope to leverage the Ethereum blockchain’s security and the fast throughput and low gas fees of the Polygon protocol.

Polygon

It also makes it here because it is a highly lucrative digital asset. It has maintained an uptrending price action since its launch in April 2019. At the time of writing, for example, MATIC sells more than 40,000% above its ICO price. This price still represents a 70%+ dip from its December 2021 highs, which says that it is hugely discounted.

Several other factors have convinced us that Polygon may be the next crypto to explode. First, Polygon is transitioning to Polygon 2.0, which makes it possible for “anyone, anywhere to create, program, and exchange value.” Further Polygon is a multi-chain protocol that eventually hopes to launch on other EVM blockchains. Not forgetting that it is resilient and obedient to crypto market trends.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

14. The Sandbox (SAND) – Popular Metaverse Token with a Highly Promising Future

The Sandbox is one of the hugely popular and most valuable metaverse projects. It, too, lists among the best Web 3 cryptos to buy today because it lives true to the tenets of a Web 3 project. Here, you can create, launch, and own digital assets that you can monetize. These may include NFTs, virtual games, wearables, or virtual events.

The Sandbox Crypto

It also makes it here because it has performed exceptionally well in the past. Plus, we expect it to sustain this momentum moving forward. At the time of writing, for example, the SAND token already sells more than 6000% above its ICO price.

This current price is a 93% dip from its 2021 all-time high. Should the altcoin rally and recapture this all-time high during the next bull run, as most forecasters expect, you would be staring at an ROI of 1600%.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

What are Web 3 Crypto Coins?

Web3 cryptos refer to digital currencies that facilitate transactions on and power the decentralized internet. Also known as web3 tokens, they are the native tokens for protocols, dApps, and programs, which live up to the tenets of Web3 projects. In this case, Web3 projects refer to programs that are championing the transition from a centralized to a decentralized (read/write/own) internet.

Best Web3 Cryptos

These cryptos and projects are critical in building an open, transparent, and user-owned internet. As you have probably realized by now, they have the potential to reshape the world and our interactions with others. The most impacted sectors are currently finance, technology, and communications. But these programs hope to extend beyond these sectors and into every other part of the global economy.

Note, also, that the Web3 space is relatively new and still evolving. The world has yet to come to terms with the revolutionary impact that these programs bring forth. You should, therefore, expect a lot of volatility as the world adopts or shuns off different Web3 projects and cryptos. Therefore, vet any project thoroughly and invest cautiously.

Are Web 3 Coins a Good Investment?

Yes, like most other cryptos, Web3 coins are worth buying today. Two of the key reasons why you would want to invest in Web3 projects today include the fact that they have performed well in the past. They also have a highly promising future. Here are a few more reasons why you should consider investing in Web3 cryptos:

  • Dramatic returns: Most Web3 coins are trading at highly discounted prices. Despite being native cryptos for some of the most revolutionary projects, they are still grossly undervalued. By investing in such tokens, you set yourself up for dramatic ROI when the token explodes in value.
  • Earn passively: You may also want to invest in Web3 projects because they let you earn passively. Most will provide you with high interest and rewards when you contribute liquidity or secure the platforms through staking. Others will let you create unique NFTs that you can monetize.
  • Benefit from early mover advantage: Most Web3 coins are still relatively new cryptos. They are yet to reach their full price potential. By investing in these products early, you get to benefit from an early mover’s advantage. They expose your capital to unimaginable gains when they eventually grow.
  • Easy to diversify: The Web3 world presents you with a wide range of crypto options to invest in today. This makes it easy for crypto investors and traders to diversify their crypto portfolios.
  • Earn free crypto via airdrops: There are many Web3 projects that are still in their development stages. They are yet to launch tokens native to their protocols and programs. By interacting with these projects early, you stand a chance to win free cryptos on an airdrop. A report by CoinGecko, for example, indicates that between 2020 and 2023, more than $26.6 Billion worth of free crypto was issued via airdrops.

How to Find the Best Web 3 Projects to Invest in Right Now

There are a number of factors you need to consider when searching for the best Web3 coins to buy. Below, we look at the most impactful:

  • Consider use cases and adoption: A web3 project is only as good as its use cases and adoptions. For a web3 project to thrive, there have to be real-world use cases for it. This triggers adoption and drives up both the demand and price of Web3 cryptos.
  • Consider community support: The best Web3 project and crypto should have support for the crypto community. These come in handy in helping create awareness for the community. The community also offers positive criticism that may help push the project to the next level.
  • Confirm accessibility and liquidity: The best Web3 crypto to invest in today should be accessible and deeply liquid. It should be listed with popular crypto trading platforms. It should also post decent trading volumes on these exchanges.
  • Vet developer team and tokenomics: A Web3 crypto project is only as reputable and reliable as its developers. Before investing in a Web3 coin, vet its development team. You should also ensure that it has a far token distribution model. Avoid projects that have most of their concentrated in the hands of a few individuals.
  • Consider past price action: You should also vet a crypto’s past price action. Vet the factors that led to its value spike and crashes. Confirm that they were fundamental and not driven by temporary hype or artificial price pumps.
  • Consult crypto forums on social media: To find the best Web3 cryptos, consult expert analysts and investors. Look at the most talked about projects on crypto social media forums and channels like X (formerly Twitter) and Reddit.

Best Exchanges to Buy Web3 Coins

You are now familiar with the best Web3 projects to invest in today. You have also picked a number of reasons why you should consider investing in Web3 coins. In this section, we introduce you to the leading crypto trading platforms for Web3 coin investors.

1. eToro – Overall Best Place to Buy Web3 Coins

eToro is one of the best crypto exchanges today. It is famed for its appeal to beginner and expert investors. Users also appreciate the highly intuitive trading interface and free demo account – with $10,000 in virtual funds. Here, you get to interact with 80+ cryptos – including all the best Web3 coins.

eToro is also the best altcoin exchange for Web3 trading because it is safe. It not only demands two-factor for all accounts but also provides users with free and safe web wallets. Equally important, eToro supports passive investing. This can be done via staking or copy trading.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

2. Kucoin – Best Place to Invest in Web3 Coins for Low Fees

KuCoin lists one of the highest number of Web3 cryptos on its platform – 700+. It also charges the most competitive crypto trading fees – ranging between -0.005% and 0.1%. Not to mention that you only need $1 to start buying cryptos on the platform. Or that it presents you with multiple ways of buying altcoins – both spot and crypto derivatives.

KuCoin is also one of the safest crypto exchanges. It even presents all its platform users with a safe mobile wallet app for iPhone and Android – the Halo Wallet. Plus, it presents you with multiple ways of investing in cryptos passively. These include staking, savings, KCS bonuses, dual investing, shark fin, and crypto lending.

3. Binance – One of the Most Liquid Web3 Crypto Exchanges

Binance is the most popular and the most liquid crypto exchange in the world. It is also one of the most accessible – available to 172 million users in 200+ countries. The crypto exchange then lists 600+ cryptos and lets you trade 1000+ crypto pairs. Here, you interact with some of the most promising cryptos to buy right now.

Binance is also the best place to buy Web3 cryptos because it is safe. It not only presents you with a cloud wallet but also operates an in-house insurance fund for client assets worth in excess of $1 Billion. It also integrates multiple passive income-generating tools. Plus, it presents you with multiple ways of buying Web3 coins – from copy trading to automated trading via bots.

How to Buy Web 3 Cryptos for Beginners – Step-by-Step Guide

In this section, we walk you through the process of buying top Web3 cryptos on eToro. It is straightforward that takes less than 10 minutes and you only need $10 to get started.

Step 1: Sign Up With a Crypto Exchange

Sign up via etoro

On your browser, open the official eToro website. Alternatively, download the eToro mobile wallet app. Hit the “Join Now” icon on either platform and complete the registration form that appears. This will only ask for such basic personal information and inquire about your trading experience and income sources. You will also need to come up with a unique username for the account and a strong password.

Step 2: Verify your Identity

The registration process on eToro is only complete after you have verified your identity. Simply send a photo of your government-issued ID, passport, or driver’s license to eToro. The crypto broker will send back an email notification confirming the account has been approved.

Step 3: Deposit Funds

Deposit funds on eToro

Log in to the just approved trader account and hit the “Deposit Funds” button on your user dashboard. A funding tab will pop up indicating all the deposit options available to you – based on your country of residence. Choose one and follow the prompts to deposit at least $10 into this account.

Step 4: Search for the Best Web3 Cryptos

Once the deposit is reflected in your trader account, hit the “Discover” button. Here, you will get to financial instruments available for trading on eToro. Choose ‘Cryptos” and select one Web3 coin from the list of supported digital assets.

Step 5: Buy Web3 Crypto Coins

Buy Ethereum

Hit the “BUY” icon against the Web3 crypto you wish to buy today. A trading tab will pop up and you can use it to customize this investment. Indicate how much you want to invest in the Web3 crypto. Hit the “Open Trade” button to authorize this purchase.

Step 6: Setup and Activate the eToro Money Wallet App

The private keys for the cryptos you just purchased will be deposited into the exchange-provided web wallet. Note that this wallet doesn’t accept inbound or outbound crypto transfers to third-party exchanges or wallets therefore, if you want to move this crypto to another wallet or exchange, first download and set up the eToro Mobile wallet app.

eToro Wallet

Use the credentials created in Step 1 above to log in to the mobile wallet app. Link the mobile app with the crypto trader account and move the crypto to the wallet. Note that for every transaction, you will be charged a 0.5% crypto transfer fee (capped at $50). You may then move the crypto from the wallet to any third-party wallet or exchange.

Top Factors Influencing the Price of Web 3 Cryptos

There are multiple factors influencing the value of any cryptocurrency. In this section, we explore the most common and impactful of these.

  • Market direction and sentiment: Web3 cryptos, like all altcoins, are obedient to crypto market trends and investor sentiments. They rally when the market is in recovery mode and dip when it crashes. Therefore, take note of the prevailing market direction when investing in Web3.
  • Adoption and utility: Adoption rates and use cases play a critical role in influencing the price of an altcoin. In most cases, an altcoin’s price rallies alongside its adoption rates and growing use cases. The two often lead to a spike in demand for the digital asset against a limited supply, which causes value gains.
  • Community support: Crypto communities also play a key role in influencing the price of an altcoin. When a digital asset is popular, it often gets listed with many crypto trading platforms. It is also in demand and has higher trading activity – both of which often trigger value gains.
  • Macro factors: These refer to external economic and political factors. These may have a direct impact on a specific coin or the entire crypto market. Examples include rising interest rates and inflation or the approval of a Bitcoin ETF.
  • Fundamentals factors: These refer to primary characteristics of a Web3 crypto project that speak to the stability and sustainability of a crypto. They include the coin’s tokenomics, network reliability and security, development team’s reputation, and more. These, too, have a direct impact on the value of a digital asset.

Conclusion – The Best Web 3 Cryptos to Buy Today

Web3 promises to be the next big thing in the crypto industry. This, then, makes today the best time to start investing in the next Web3 cryptos to explode. In the above guide, we have introduced you to the coins that we believe will be most impacted by the imminent Web3 investing wave. We have also discussed how to search for Web3 coins worth buying and where to buy these cryptos.

Want to jump straight to investing in these Web3 cryptos and projects? Follow the step-by-step guide to buying cryptos on eToro that we have outlined above.

Author Checked Reviewed and Fact Checked by Kamal Masri, Crypto Writer and Investment Analyst.

eToro Exchange

  • Free Copy Trading of Professional Traders
  • Best Place to Buy Web3 Cryptos
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Cryptoassets are a highly volatile unregulated investment product.

References:

FAQs about Web 3 Cryptos

What is the best Web3 crypto to buy right now?

Our top pick for the bets Web3 crypto to buy today has to be Ethereum. It has already proved its resilience and has a history of exemplary performance. It is also the de facto home of the Web3 ecosystem and will, therefore, be the most impacted by a Web3 revolution.

Start by identifying a crypto exchange that lists your preferred Web3 cryptocurrency. Register a crypto trader account here, deposit funds, and find the best Web3 coin to invest in right now. Open a buy order and move the coin's private keys to a digital wallet.

A cryptocurrency is referred to as a Web3 coin if it facilitates transactions on or powers a decentralized blockchain. Web3 projects, on the other hand, refer to decentralized blockchains the shift from centralized to decentralized internet.

Yes, there are several reasons why you should consider buying Web3 coins. For starters, most are grossly undervalued. The niche is also in its development face, implying that most will give you the first mover advantage.

Digital currencies are massively volatile while the crypto market is wildly unpredictable. These make it almost impossible for anyone to tell what cryptos will explode in the foreseeable future. In the above guide, we feature what we consider the next Web3 coins to explode.