The Best-Performing Crypto Assets in 2023 (Top 100)

Crypto with Lorenzo
9 min readDec 31, 2023

Non-members can read the full story here.

With the 2024 Bitcoin Block Reward Halving fast approaching, excitement is building for more altcoins and tokens to outpace potential BTC and ETH gains, going into what should be a bullish year for this asset class.

Let’s review the three altcoins/tokens in the top 100 (based on circulating market cap) that generated the biggest returns on investment in 2023. I will also include some notable mentions towards the end.

Let’s begin.

3) Kaspa (KAS) — 2,050% profit in 2023

Those behind this protocol claim it to be “the fastest, open-source, decentralised & fully scalable Layer-1 in the world.”

Unlike Bitcoin — which relies on the Nakamoto Consensus (NC) algorithm (a type of proof-of-work [i.e., mining] consensus system) — Kaspa adopts another mining-related setup, the GHOSTDAG (Phantom 2.0) mechanism.

Imagine all of the benefits listed above, coupled with the robust security of Bitcoin and Ethereum, not to mention ultra-cheap (0.001 KAS = $0.0001) fees.

If this promising protocol continues to attract talented devs, build its community presence and forge major partnerships, it could eventually give Bitcoin and…

--

--