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

Crypto with Lorenzo
9 min readDec 31, 2023

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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…

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Crypto with Lorenzo
Crypto with Lorenzo

Written by Crypto with Lorenzo

Aussie crypto enthusiast. Nothing here is financial advice + DYOR. Sign up to my mail list for the latest posts. https://medium.com/@cryptowithlorenzo/subscribe

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