14 Fastest Growing Cryptocurrencies in 2023

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

Numerous crypto projects are added to the blockchain every day, but many fizzle out due to lacking utility. Some cryptocurrencies blossom because they provide real-world solutions and are accompanied by effective marketing campaigns. 

We scoured the market and found the fastest growing cryptocurrency. Successful cryptocurrencies have provided significant returns to investors, so we highlighted some projects that may prove to be worthwhile investments. 

Let's analyze the different cryptos with fast growth and determine their potential.

The Top 14 Fastest Growing Cryptocurrencies Right Now

Our research has led us to conclude that the following cryptos have demonstrated tremendous growth:

1. AiDoge (AI) - This AI-based meme token is rushing through its cryptocurrency presale. $AI is priced at only $0.0000292 and has raised over $6 million during the ongoing presale. 
2. Ecoterra (ECOTERRA) - Recycle-2-Earn cryptocurrency available on presale. Hold $ECOTERRA to earn rewards by recycling waste and offsetting carbon emissions.
3. yPredict (YPRED) - THE $YPRED token allows users to purchase subscriptions to access trading insights on the crypto markets. This token can be used to generate passive income. 
4. DeeLance (DLANCE) - This decentralized freelancing platform allows freelancers and clients to connect with each other on a metaverse. Through $DLANCE, users can access lower fees and higher transparency. 
5. Launchpad XYZ (LPX) - A portal giving users access to a range of Web3.0 services and activities. Hold $LPX tokens to access presale listings and get discounts on trading fees. 
6. RobotEra (TARO) - Enter the Taro planet as your own Robot NFT avatar. Make purchases, buy NFTs, and access virtual land with the $TARO token. 
7. Scorpion Casino (SCORP)  - A Fast-growing Crypto Casino and Betting Platform That Provides a Passive Income to Holders.
8. Swords of Blood - A Role-playing and play-to-earn game where users can earn rewards and compete in online tournaments.
9. Chimpzee (CHMPZ) - Fastest Growing Passive Income Crypto That Saves the Planet
10. Tamadoge (TAMA) - This meme cryptocurrency can be used to buy NFTs and participate in play-to-earn Arcade modes.
11. Polygon (MATIC) - An Ethereum-compatible network providing layer 2 scaling solutions.
12. Solana (SOL) - A smart contract platform offering high transaction speeds. This platform can handle 5,000 - 10,000 transactions per second.
13. Decentraland (MANA) - One of the largest metaverse ecosystems. Hold $MANA to enter and buy land on a virtual environment and enter the DAO. 
14. Ripple (XRP) - An efficient cross-border payments solution partnering with banks.
15. The Sandbox (SAND) - This is a popular metaverse and asset-building game with an expanding user base.

Fastest Growing Crypto Reviews

Most traders looking for ways to make money with cryptocurrency will be on the hunt for the fastest growing cryptos in 2023.

Now that we've listed the cryptos with the fastest growth, let's get into their details to find out the mechanics behind the projects.

1. AiDoge - Future AI Cryptocurrency available to Buy on Presale

One of the fastest growing cryptocurrencies right now is AiDoge ($AI), a presale token that lets members generate memes using artificial intelligence. In just a few weeks since the presale started, AiDoge has managed to raise over $6 million. 

The $AI token will be used within the ecosystem in exchange for credits. The credits are leveraged to generate memes through an AI-integrated meme generator. AiDoge uses AI tools such as Natural Language Processing (NLP) to process user data. The data is offered as text prompts and is converted into memes. 

The AiDoge whitepaper states that the ecosystem will feature a public wall through which members can share their memes. The platform will also incorporate a voting mechanism through which users can vote for their favorite memes on the public wall. 

Notably, the users receiving the highest votes at the end of the month will be rewarded with $AI tokens. To generate additional memes, members can stake $AI to earn daily credit rewards. They can also get access to premium features such as new meme templates and platform enhancements. 

To ensure the safety of staked coins, AiDoge uses audited staking contracts and multiple layers of security. Once the public wall and other features start rolling out, this cryptocurrency project may see an increase in token adoption. 

Despite being a presale token, AiDoge has gained a lot of traction since it caters to the AI and meme niche. 500 billion tokens are allotted for the ongoing presale, allowing a large number of investors to enter the project before the exchange listing. A further 125 billion tokens will be released for the exchange listing. 

The $AI token is priced at $0.0000292 but will jump to $0.0000336 by the final round. To stay updated with the presale developments, join the AiDoge Telegram channel. 

2. Ecoterra (ECOTERRA) - Recycle-2-Earn Cryptocurrency Available on Presale 

Ecoterra is a sustainable cryptocurrency project that rewards businesses and individuals to help fight climate change. $ECOTERRA, the native cryptocurrency, can be received as rewards within the ecosystem. Currently, on presale, $ECOTERRA is priced at only $0.004 per token. 

The $ECOTERRA presale will consist of nine rounds, where the price will jump from $0.004 to $0.01 - a 150% price jump. Currently, the presale has already raised more than $50K. With 800 million of the total 2 billion token supply available for the presale, investors can get in early before the token lists on crypto exchanges. 

One of the main parts of Ecoterra is the Recycle2Earn application, which is accessible with all Reversed Vending Machines (RVMs) in the world. Investors can download the EcoTerra app, recycle waste into RVMs and scan this procedure through the app. Each time users recycle using the app, they earn $ECOTERRA tokens. 

One of the most sustainable cryptocurrency tokens, $ECOTERRA, can be spent on multiple environmental-friendly activities such as ocean cleanups and planting trees. Members can leverage their tokens to learn about cryptos through the Ecoterra online educational platform. 

Ecoterra allows companies to work towards their circular economy, as all good deeds can be tracked on the app. Companies can offset their carbon footprint through the carbon offsetting marketplace and even connect with recyclers and make transactions with the native token. 

This cryptocurrency has already partnered with Delhaize - one of the top supermarket chains in the world. Growing in popularity, Ecoterra has been featured on some of the top crypto news sites, including Yahoo Finance and Coin Telegraph. 

Due to the sustainable use cases provided, $ECOTERRA may become one of the quickest-growing cryptos in the coming years. At press time its presale has now raised $2 million.

Read the Ecoterra whitepaper and join the telegram channel to learn more about this platform.

3. yPredict - Next-Gen Crypto Trading and Analytics Platform 

yPredict gives users access to various data-driven marketing insights through its financial marketplace. One can purchase monthly subscriptions with $YPRED, the native token on presale. 

On the financial marketplace, predictive models are provided by AI developers and researchers. These models give a future outlook on how certain digital assets may perform. The platform leverages AI tools such as sentiment analysis to determine the popularity of various digital assets. 

yPredict even has a patent pending chart recognition algorithm, which dictates whether a certain coin is bullish or bearish. Other features include AI trading signals and technical indicators. The $YPRED token is rushing through its presale due to the different use cases it provides. 

For instance, existing token holders can earn a potentially high APY (Annual Percentage Yield) by staking $YPRED. 10% of the revenue generated through new subscriptions is distributed to existing customers. Furthermore, 15% of the platform’s swapping fees are sent to a staking pool. 

On yPredict, users can also join a play-to-earn ecosystem. On this ecosystem, members can make directional bets on the future of various tokens. The best performers are rewarded with $YPRED as a reward. 

Furthermore, yPredict will also offer a Learn2Earn ecosystem. Users can increase their knowledge through this platform by taking quizzes and assessments. Every time you successfully take an assessment, you earn $YPRED tokens. 

Thus, many have been purchasing $YPRED through the presale due to all these different use cases. Since the presale started, the token has raised more than $900K. Currently, the token is priced at only $0.05 per token. 

By the final round, the price will jump to $0.12, a 140% price increase. To learn more about the project, read the yPredict whitepaper and join the Telegram channel. 

4. DeeLance (DEELANCE) - Decentralized Freelance Cryptocurrency Rushing Through its Presale

One of the fastest growing cryptos to invest in right now is DeeLance, a decentralized platform that changes how freelancers connect with clients. With $DLANCE, the native token, freelancers can connect with clients on the metaverse, access an NFT marketplace, and get paid instantly. 

The $DLANCE token is available to buy on presale and has raised more than $40K in just a few days. Investors can purchase this cryptocurrency for $0.025 per token before the price hikes by 20% to $0.030 during the final round. The presale is allocating 300 million tokens, with the minimum investment amount set at only $10. 

According to the DeeLance whitepaper, investors can use $DLANCE tokens to buy virtual land in the metaverse. This virtual environment allows freelancers to connect and collaborate with recruiters and conduct meetings in metaverse office spaces. All activities between the two parties are recorded via smart contracts, and escrow payment services are used to ensure that the freelancers are paid. 

DeeLance uses on-chain KYC to avoid bad actors. The platform has been audited, and KYC verified by SolidProof, making it 100% safe to use. Freelancers can transfer ownership of their work through DeeLance’s NFT marketplace, which will launch in Q3 2023. 

Through the NFT catalog option, users can purchase and trade some of the most popular NFTs using DeeLance. Clients can also use $DLANCE tokens to pay for services on the ecosystem. Compared to other freelancing platforms, such as Upwork, DeeLance charges very low fees. 

Freelancers pay a 10% fee, whereas clients pay only a 2% commission. Once DeeLance completes its presale, the token will be listed on crypto exchanges. The token listing can lead to massive upside momentum, making $DLANCE one of the fastest growing cryptos in 2023.

Join the DeeLance telegram channel to stay updated with this crypto project.

5. Launchpad XYZ - All-in-One Web3.0 Cryptocurrency Ecosystem 

With the rapid development of the Web3.0 sector, Launchpad XYZ aims to release an ecosystem that will make different services accessible through one portal. The platform will deploy its own token, $LPX, to maintain the ecosystem, offer discounts on trading, and access to other environments. 

This cryptocurrency is available for only $0.035 through the ongoing presale. Currently, on round one of a ten-stage presale, the price of $LPX will jump to $0.7. This equates to a 100% price increase. From a 1 billion total supply, 250 million tokens have been allocated for the presale. 

The token can be used within Launchpad XYZ’s NFT decentralized exchange to avail trading discounts. Users that stake at least 1,000 $LPX monthly can also get access to more partner discounts. 

Users can access hundreds of crypto trading pairs through the decentralized exchange and take out perpetual contracts. Launchpad XYZ will also offer its own Web3 wallet. This can be registered by entering an email address or phone number. 

Through the Web3 wallet, users can access new Web3.0 presale listings on the ecosystem. Those that stake $LPX will get guaranteed access to the listings. The tokens will be claimed and transferred directly to the wallet. 

The wallet can also be used to interact with other DApps (Decentralized Applications), swap tokens, and get self-custody of your assets. Another feature of Launchpad XYZ is its NFT site. Users can directly access the top NFT marketplaces through the platform and curate their own NFT collections. 

One can use $LPX to purchase fractionalized assets, which include items of historical value such as art and real estate. Since the Launchpad XYZ presale started, the project has raised over $310K. 

Interested readers can go through the Launchpad XYZ whitepaper and join the Telegram channel to stay updated. 

6. RobotEra (TARO) - Fast Growing Metaverse Game on Presale Now

RobotEra (TARO) is anticipated to be one of the year's fastest growing cryptocurrency projects thanks to its efforts to revamp the metaverse through the creation of expansive virtual worlds known as continents. 

The project's native ERC-based TARO token has recently been released as a multi-stage presale, causing a stir throughout the industry and has so far raised $670,000.

At the center of the RobotEra universe is an ERC-20 governance token known as TARO. 

Holders of this asset can pledge their tokens to become a RobotEra manager, having their voices heard regarding the future development of the project. TARO can also be staked to earn crypto. 

The TARO token has just become available to investors in a crypto presale. This fundraising event will span across three stages, with the price of TARO progressively increasing as tokens are sold. 

Initially, TARO can be purchased for $0.020 but this figure will jump to $0.032 by the third stage, meaning early investors can snag a 60% discount. 

Considering the anticipated growth of the metaverse, RobotEra could quickly find itself serving thousands of users, something that would in turn cause the TARO token to become one of the fastest growing cryptocurrencies on the market and cement the asset as one of the best cryptos under 1 dollar. 

Players can explore the RobotEra metaverse, mining for resources used to craft robot companions that can either be sold on the in-built NFT marketplace or used to provide assistance to the player. 

The world is split into plots of virtual land known as continents, on which players are free to build anything they desire. 

If you're interested in learning more about RobotEra, the below video created by Jacob Crypto Bury does an excellent job at explaining the project's details. 

NFTs are utilized to ensure that in-game assets remain easy to trade and can quickly be sold and converted to crypto. Both plots of land and robot companions take the form of NFTs, ensuring uniqueness as well as making any customization transferable between players. More details can be located in the RobotEra whitepaper.

RobotEra is a massively exciting crypto project that could grow to become the go-to metaverse for enthusiasts of the sector. With RobotEra providing a wide range of earning opportunities, it's likely that the presale will sell out far ahead of schedule, meaning it's worth checking out the project and buying RobotEra tokens today to avoid any disappointment. 

To stay informed of any developments related to the project, join the RobotEra Telegram group. 

7. Scorpion Casino - A Fast-growing Crypto Casino and Betting Platform

With the widespread accessibility offered by the internet, sports betting and casino platforms are experiencing a steady rise in popularity. However, these platforms currently rely on centralized technologies, which come with various limitations. Fortunately, blockchain technology presents a solution by introducing fairness and transparency into the equation. Scorpion Casino is actively leveraging blockchain to achieve precisely this objective.

The ecosystem of Scorpion Casino revolves around three core elements: the Scorpion Casino platform, the affiliate system, and the SCORP token. The platform itself is a licensed cryptocurrency-based betting and casino platform. In parallel, the affiliate system operates as a referral and reward mechanism, while the SCORP token plays a pivotal role as a governance and reward token for users.

Scorpion Casino presents an extensive collection of games, featuring over 200 casino games and 160 live games. These games are licensed and undergo rigorous, fair play verification, ensuring a trustworthy and reliable gaming experience. Players can enjoy popular titles such as slots, blackjack, roulette, poker, and a captivating selection of live casino offerings. The casino has established partnerships with major providers, including Evolution, NetEnt, Play N Go, Novomatic, EGT, and AMATIC. Additionally, sports enthusiasts can immerse themselves in a diverse range of sports betting options, encompassing football, tennis, American football, horse racing, basketball, golf, boxing, and MMA.

Within the ecosystem, the SCORP token holds a central position, offering users four notable benefits. Firstly, it serves as the exclusive payment method within the ecosystem. Additionally, token holders have the opportunity to earn passive income through their token holdings. The token also unlocks weekly bonuses and free games, enhancing the overall user experience. Moreover, the SCORP token plays an integral role in the affiliate system, contributing to its functionality and success.

Scorpion Casino provides enticing benefits to attract more users, such as the opportunity to earn up to $10,000 in daily passive income by holding SCORP tokens. Users can also enjoy additional rewards starting at $1,000 and gain access to the Elite Scorpion Members Club. This exclusive club offers VIP service, cashback, extra staking rewards, and more SCORP tokens.

The SCORP token has a maximum supply of 1 billion, out of which 280 million SCORP tokens are allocated for the presale phase. In addition, 300 million SCORP tokens have been designated for rewarding affiliates, providing further incentives for participation.

The Scorpion Casino team has devised a comprehensive roadmap outlining their plans for the future. This roadmap includes exciting developments such as live affiliate events, partnerships, marketing campaigns, and collaborations. The latter part of the year will primarily focus on scaling the platform to attain substantial growth and expanding its range of offerings, with the goal of creating a more robust and immersive platform experience.

8. Swords of Blood - Fast Growing Crypto Game Bringing Fun to Blockchain Games

Swords of Blood is a gaming project ready to bring the fun of hack-and-slash games to the Blockchain space. Originally formed from a mobile-focused game that managed to get 4 million downloads, Swords of Blood will have you create a character and then fight hordes of enemies across dungeons and other unique locations using a unique combination of attacks and spells.

Imagine decimating horde of enemies with a deadly combination by punching the ground to create tremors, and rushing through them with your blades, all the while setting them on fire. Players of games like Sands of Aura and Kingdoms of Amalur - Reckoning would know this feeling. 

Underpinning this gameplay mechanic is a great lore. You are resurrected member of the Bladebound order, that after decimated by the Dragon Betrayer 1000 years ago, is pinning their hope on you to destroy the dragon and bring light back to end the thousand years of darkness in the world of Ezura. 

Fueling this game and its ecosystem is the native crypto $SWDTKN, an ERC-20 token that you spend in its marketplace to buy upgrades, additional gears, and more to make your player character level up. Players are also able to stake the token in order to gain compounding crypto rewards as passive income. 

Click the link below to participate in this fast growing token in the GameFi space. 

9. Chimpzee (CHMPZ) - Fastest Growing Passive Income Crypto That Saves the Planet

Chimpzee is another one of the fastest-growing cryptocurrencies in 2023. The project provides a passive income to its users while simultaneously making charitable donations to organizations focused on preventing global warming and saving wildlife. The entire premise behind the project is to use Web3 to increase public awareness of the dangers of global warming while providing financial contributions to notable charities, including The Giving Block, One Tree Planted, and the Wild Foundation.

The project is centered around Max Chimpzeeski’s creation - a brilliant scientist with a heart of gold born in the depths of the African jungle - who’s on a mission to save the planet from climate change. Max has used his genius to create a Web3 weapon called Chimpzee that uses a vibrant ecosystem that protects nature, helps save the forests and benefits mankind.

The brilliant scientist has combined three components of Web3 - Shop-to-Earn, Trade-to-Earn, and Play-to-Earn - to create an ecosystem that provides a passive income to NFT holders and gives back to charitable organizations.

The Chimpzee shop is the Shop-to-Earn component and is the central commerce center that allows users to earn CHMPZ tokens on branded goods in the store. A percentage of all profits are donated to charities that share our mission.

The NFT Marketplace is the Trade-to-Earn component. It will be the first NFT marketplace in the world that shares a percentage of the trading fees with active users on the platform. Chimpzee NFT passport holders will receive a large share.

The Play-to-Earn component is the Chimpzee Zero Tolerance game, a fun P2E game that is the main entertainment component of the ecosystem which allows users to earn CHMPZ tokens when they reach certain milestones. Players that use their NFT Passport in the game receive boosted rewards to earn more tokens.

The project is currently hosting a presale for the CHMPZ tokens and is expected to explode once the ecosystem starts to make donations to charity. Free Bonus tokens will be available only during the presale.10% of the total coin supply will also be donated to charity to help bootstrap the charitable side of the project.

10. Tamadoge (TAMA) - Exciting Meme Coin Project Pumping on Exchanges

Tamadoge was dubbed one of the best emerging cryptos of 2022 and is expected to have a huge 2023 when the market recovers.

TAMA was one of the biggest success stories of the year after it raised $19 million during its presale then pumped all the way from $0.01 to an all-time high of $0.194 after its IEO.

Despite general bear market sentiment and the project regressing from those highs, the meme coin and play-to-earn project is still one of our best future cryptos to invest in, given the continuing development of its ecosystem.

Another factor making TAMA coins more valuable is the imminent token burning. The game's founders decided to burn 5% of all tokens used for pet store purchases, which is bound to cause a significant diminishing of the supply.

Unlike Dogecoin, which has been described as a shitcoin because of its lack of utility. Tamadoge is a play-to-earn game enabling players to collect rewards as they raise their digital pets. 

Players that provide the best grooming and growth to their pets rise up the leaderboard to collect TAMA tokens, which they can exchange for other currencies. This P2E crypto has also been dubbed one of the best DeFi coins of this quarter.

Tamadoge was previously named best upcoming ICO of 2022 and certainly lived up to that billing. Investors can keep up to date with the latest news from the project on the Tamadoge Telegram and Twitter pages.

Buy TAMA on OKX

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11. Polygon (MATIC) - Ethereum-compatible Network Providing Layer 2 Solution

Polygon's platform connects Ethereum-compatible blockchain networks. Its key function solves problems regarding slow speeds and high gas fees, which many crypto projects have experienced.

The appealing factor of Polygon is that it solves the speed and fees issues many blockchain users experience without compromising security. The project's founders built Polygon on top of the Ethereum blockchain, enabling it to process Ethereum-based transactions while offering scalability.

Polygon's transactions are processed faster because it functions on a separate blockchain. And the best part is that Polygon's transactions are cheaper than Ethereum's.

One of the key reasons for this project's adoption growth is the ability of developers to create decentralized applications. Polygon's platform is also used for NFT launches and several big corporations have launched NFT collections and Web 3.0 projects on the Polygon network. Wondering where to buy MATIC in 2023? The best crypto apps offer the most popular digital assets as well as a secure crypto wallet.

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Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

12. Solana (SOL) - Smart Contract Platform Offering High Transaction Speeds

Solana is possibly the fastest growing crypto coin, having provided early investors with more than 20,000% returns. SOL's hype isn't merely based off celebrity endorsement, but the token solves a massive problem.

It provides high transaction speeds at a low cost. Investors use SOL to pay transaction fees on the network and enjoy smart contracts. Solana is an ever-expanding project, as it aims to improve blockchain scalability.

By using proof-of-stake and proof-of-history technology. Solana plans to develop its network to process more than 60,000 transactions per second. The fees for using Solana's network are mere pennies. 

Investors who buy Bitcoin can incur fees of more than $50 and wait several hours for the transfer to reflect, depending on network usage and other factors. The key advantage of using Solana is that investors enjoy fast, affordable and scalable transactions.

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Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

13. Decentraland (MANA) - Metaverse Gaming Platform with DAO Governance

Decentraland's mission was to build the first ever virtual world owned by its users. Joining this game enables players to explore LANDs, divided into 90,000 parcels, to traverse through fascinating scenery and structures. 

Players build up their lands as they please, and some of the interesting infrastructure found in Decentraland are medieval dungeon mazes and villages. 

The game enables players to acquire more land with the platform's native token, MANA. Players can also use the builder tool to create scenes, artworks and challenges - even charging a fee for other players to enter.

A key attraction of this NFT game is that a Decentralized Autonomous Organization (DAO) governs its policies, stipulating how the platform functions, and the demand for Decentraland's parcels increased drastically in 2021.

It appears that the demand and growth of this platform are set to continue in 2023, where Decentraland has announced partnerships with big corporations, enabling them to purchase digital land and advertise their brand.

Buy MANA on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

14. Ripple (XRP)- Efficient Cross-Border Payments Solution Partnering with Banks 

Ripple is a fintech company based in San Francisco, determined to provide effective payment solutions to users globally. XRP, its native token, was designed to help people receive money efficiently and at a low cost.

It has managed to provide both, as XRP transactions take mere seconds to reflect on the other side of the world and cost pennies. Ripple's goal of enabling peer-to-peer transacting has been achieved, but it has its sights on massive corporations.

Although Ripple's community, referred to as the XRP Army, has a large influence on the coin's price movement, it's the partnership with banks that increased adoption. 

Numerous Asian banks and payment providers have partnered with Ripple to use XRP as a means to send large blocks of transactions across the world at a minimal cost - XRP's price has proven to react favorably to Ripple's partnerships.

The hindrance in XRP's price has been Ripple's ongoing lawsuit with the SEC - the US Securities and Exchange Commission is suing Ripple for sales of unregistered securities and has claimed that XRP is a security.

But XRP's support from the army has led to a significant price pump, resulting in more than 1,300% returns for investors who bought the coin in March 2020 and held it until April 2021. That rally proved even a lawsuit cannot prevent XRP's price from pumping.

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Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

15. The Sandbox (SAND) - Asset-Building Game with Expanding User Base 

Another Metaverse game that has made a lot of noise with the NFT community is The Sandbox. This crypto game enables players to monetize their piece of LAND and use avatars to turn their NFT collection into a life-like form.

Owning LAND enables players to build experiences, host events and invite friends and they can also increase the value of their land by adding infrastructure and then selling it for profit. Players need to own $SAND, the game's token, to buy and sell assets and land in the Metaverse.

The Sandbox's user base grew significantly in 2021, with a wallet database reaching 500,000 and several thousand users spending more than an hour in The Sandbox, developing their land. 

Another key development has been this game's partnership with big brands, making it a key crypto to watch in the future.

Some of the artists The Sandbox teamed up with are Snoop Dogg, DJ Richie Hawtin and Deadmau5. Another collaboration is with Adidas, which bought a piece of land on the platform to promote its brand.

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Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply. 

The Criteria for Ranking the Fastest Growing Cryptos

To determine the fastest growing cryptocurrencies, we used several factors. Let's explore each of them in detail.

Supply

Assets high in demand are usually in low supply - investors struggle to buy them, so they're willing to pay a premium for ownership. Scarce assets are valuable, and a finite supply, such as Bitcoin's, makes investors eager to invest in the project.

The finite supply and token burn are just two reasons that Tamadoge's presale did so well, with TAMA's supply limited to 2 billion and the developers also planning to burn 5% of the tokens to increase the value. The coin's diminishing supply will make it more difficult for investors to obtain, which should result in a price spike.

Popularity

It's no secret that the reason some of the hottest cryptos rallied is because of popularity, manifested from celebrity endorsements and strong social media backing.

Dogecoin is a perfect example, receiving Elon Musk and Mark Cuban's backing, even though the coin had virtually no utility and was developed as a joke.

But Dogecoin's popularity resulted in the coin going on an epic bull run, providing investors with more than 10,000% who bought coins at the beginning of 2021.

Age

Bitcoin is the first crypto developed on the blockchain and has been around the longest. It's one of the reasons it has the highest market cap of all coins and was one of the fastest growing crypto on Coinbase.

But new crypto projects have proven they can also make an impression on investors if they solve a real-world problem. 

Utility

Some coins get away with providing almost no utility and managing to have significant price pumps- a good example being Dogecoin - but such coins lose their appeal fast and experience a massive price crash.

The only cryptocurrencies that can have longevity are the ones that provide utility and continued use case, either helping to solve a problem on the blockchain or providing continued entertainment.

Staking

Many investors now consider staking as one of the best ways to get rich off crypto. Staking involves investors using the coins they own to earn more coins by locking them away on an exchange. Investors earn interest by staking their coins, which they can exchange for fiat currencies.

Not all coins can be staked, and some stake coins offer lower interest than others.

Conclusion

We've highlighted the key criteria for selecting the fastest-growing cryptocurrencies, and we applied them to all the cryptos featured in this guide. 

One of the fastest growing cryptocurrency assets right now is AiDoge ($AI). This is an AI-integrated meme-generation platform that will allow users to earn rewards by creating memes. 

The presale has already collected more than $6 million.

FAQ

What qualifies as fast growing crypto?

Cryptocurrencies that have experienced tremendous growth by raising large amounts of money during early funding, significant increases in wallet userbase, massive coin price spikes and transaction increases would make a crypto fast growing.

Which crypto is the fastest growing this year?

AiDoge is an exciting new crypto project that has raised over $6 million through its ongoing presale. Currently, $AI, is priced at $0.0000292 per token.

How do I know which cryptos will grow fast?

A good indication of a crypto coin that may grow fast is usually evidenced in its presale -  AiDoge, Ecoterra, DeeLance and yPredict are clear examples of investors flocking to a presale.

What cryptocurrency on Coinbase is the fastest growing?

Several cryptocurrencies have provided massive returns for investors such as Bitcoin and Cardano. Solana is another coin that had a huge rally.

What crypto grew the fastest this week?

AiDoge has secured more than $6 million in seed round funding in just a few weeks since its presale went live.