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Focusing on projects with a low token supply is a popular strategy with seasoned crypto investors. Put simply, as demand outpaces the overall supply, this can yield stable long-term growth.
To help you find the tokens with the most potential, this article explores the best low supply cryptocurrency to buy in 2023.
The Best Low Supply Cryptocurrency to Buy TodayThe 10 best low supply cryptocurrency projects in 2023 are listed below:
Love Hate Inu - Overall Best Low Supply Cryptocurrency to Buy Now
Fight Out - Move-to-Earn Fitness App With 76.5% of Tokens Locked for Five Years
C+Charge - EV Charging Initiative With Self-Sufficient Carbon Credit Rewards
RobotEra - Metaverse Building Project With a Sustainable Economy
Bitcoin - Digital Store of Value With Just 21 Million Tokens
Yearn.Finance - DeFi Crypto With Low Circulating Supply of Just 36,637 YFI Tokens
Maker - Decentralized Autonomous Organization With a Low Supply Governance Token
Dash - Established Privacy Network With a Maximum Supply of Under 19 Million Tokens
AAVE - Low-Supply DeFi Ecosystem With Attractive APYs
OKB - Native Utility Token of the OKX Exchange
The total supply of a cryptocurrency project is just one aspect to consider when building a portfolio. Additionally, investors should also explore the USP of the project, alongside the utility of its native token.
Below, we provide a full analysis of the 10 best low supply cryptocurrency to buy right now.
1. Love Hate Inu - Trending Vote-to-Earn Meme Coin with 10x PotentialLove Hate Inu is not only a low supply cryptocurrency but one of the most exciting projects for 2023. The Love Hate Inu team has developed a vote-to-earn mechanism. As the name suggests, this means that users will earn rewards for voting. Polls will cover a plethora of social topics, such as elections and controversial talking points.
The vote-to-earn framework is backed by blockchain technology and smart contracts. This provides many benefits for Love Hate Inu users. For example, votes can only be conducted if the user has staked LHINU, which is the native token of the project. Not only does this offer access to live voting polls, but the staked tokens will generate passive interest.
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Additionally, the staking mechanism at Love Hate Inu ensures that all votes are legitimate. This removes the threat of manipulation or double-voting - as each vote is represented by a smart contract agreement. Another benefit is that voting power is determined by the number of LHINU tokens being staked.
This provides a fair and transparent ecosystem for all LHINU holders. Furthermore, LHINU holders also have the right to create their own polls. Each poll is backed by a shareable voting card that can be distributed on social media channels, such as Twitter and Reddit. Love Hate Inu will also enable marketing companies to publish polls for the LHINU community.
Additional rewards provided by partnered companies include NFTs and branded metaverse assets. This highlights that the Love Hate Inu team has created a tokenized ecosystem that is self-sufficient in the long run.
In terms of tokenomics, Love Hate Inu is selling 90% of the overall supply via a presale campaign. The presale launched just a few days ago but has already raised over $500,000. We found that there is a lot of hype surrounding this vote-to-earn project, which is reflected in its ability to raise funds quickly.
The 90% presale distribution mentioned above is based on a total supply of 100 billion LHINU tokens. No more tokens will ever be created, which ensures that Love Hate Inu can grow organically over time. Back to the presale, LHINU tokens can be purchased right now at just $0.000085 each.
Investing today will lock in a 70% upside as soon as the presale finishes. This is because LHINU will be listed on an exchange with an opening price of $0.000145. For further information read the Love Hate Inu whitepaper and join the Telegram group.
Visit Love Hate Inu Presale
2. Fight Out - Move-to-Earn Fitness App With 76.5% of Tokens Locked for Five YearsQuality projects like Fight Out offer an innovative USP and a sustainable supply of tokens. Regarding the former, Fight Out is launching a move-to-earn app that rewards users for staying fit. Each movement is tracked and rewards are distributed based on the rigorousness and length of time spent working out.
For example, a 15-minute walk would yield smaller rewards than a one-hour run. Either way, all fitness rewards are paid in REPS. This is the in-app currency that is used to reward fitness regimes. REPS can be used to purchase digital items, such as power-ups and cosmetics in the Fight Out metaverse.
To enter the metaverse, users will first need to mint an avatar NFT. This represents the user in terms of appearance and progress. The avatar NFT will also be used to socialize with other Fight Out users and even enter competitions and tournaments in the metaverse. This concept is quickly gaining ground, with the Fight Out presale already raising over $5.4 million.
The presale is selling the main utility token, FGHT. Unlike REPS, FGHT enables users to access the Fight Out app and metaverse by meeting a minimum staking amount. Not only will this prevent the tokens from leaving the Fight Out ecosystem, but it ensures that rewards are earned in a sustainable manner.
We also like Fight Out for its tokenomics. Crucially, 76.5% of the overall supply - which stands at 10 billion FGHT, will be locked for five years. This removes a significant chunk of the total supply from the open market, giving its move-to-earn concept plenty of time to mature. Moreover, the Fight Out presale is incentivizing investors to vest their tokens by offering up to 67% in bonuses.
However, this isn't mandatory, as the presale can be accessed without any vesting period. Fight Out is inching toward the end of its presale, with FGHT currently priced at $0.02850. After the presale, FGHT will be listed on an exchange at $0.0333. This enables investors to buy this low supply cryptocurrency with an immediate upside locked in.
Visit Fight Out Presale
3. C+Charge - EV Charging Initiative With Self-Sufficient Carbon Credit RewardsC+Charge is the best low supply crypto to gain exposure to the growth of electric vehicle (EV) charging. This is a high-growth market that is expected to be worth over $128 billion by 2030. C+Charge is building a global network of partnered charging stations that has an unrivaled USP; EV drivers will be rewarded with carbon credits.
Each carbon credit is provided in GNT tokens, which are backed by Flowcarbon. C+Charge users can then sell their GNT tokens on the open market. Most carbon credit buyers are manufacturers that require excess gas emissions to meet demand. Moreover, carbon credits trade based on global prices, so GNT holders can cash out at an appropriate time.
In order to benefit from carbon credit rewards, EV drivers will need to pay in CCHG tokens when charging their cars. CCHG is the main utility token of C+Charge and is currently available in presale. Crucially, the tokenized carbon credits offered by C+Charge are funded through reflections.
In simple terms, 1% of each EV charging transaction is used to buy carbon credits and then distributed accordingly. This also means that with time, the total supply of CCHG tokens will decrease. As demand increases, this can have a hugely positive impact on the value of CCHG.
The C+Charge presale has already proven successful. More than $2.8 million has been raised, and the presale is now in stage 6/8. Currently, this prices CCHG at $0.019 - a 20% discount when compared to stage eight. It takes just five minutes to buy CCHG tokens via the presale - which accepts ETH, USDT, and even credit cards.
Visit C+Charge Presale
4. RobotEra - Metaverse Building Project With a Sustainable EconomyRobotEra is a brand-new metaverse project that embraces creativity. It enables people of all budgets to invest in metaverse real estate without breaking the bank. Each plot of land available in the RobotEra metaverse can be purchased with TARO tokens.
This is the native cryptocurrency backing the RobotEra project and just 1.8 billion tokens will ever exist. After buying land, users can then build their desired project. This can be from a residential or commercial perspective. For instance, the former might see a RobotEra user build their dream mansion with a garden, swimming pool, and home cinema.
Alternatively, a user might elect to build a 90,000-seat stadium to host metaverse events. Tickets could be sold for the event, enabling the user to earn TARO tokens. RobotEra will also host staking pools, play-to-earn games, personalized avatars, and the ability to socialize with other metaverse communities.
Investors with an interest in the metaverse can buy TARO tokens today via the presale. The lowest price possible of $0.20 per TARO is currently available. The price of TARO will increase across the three presale stages. The team behind RobotEra will have their 10% token allocation locked for 12 months. The tokens will then be unlocked linearly over the next 20 months.
Visit RobotEra Presale
5. Bitcoin - Digital Store of Value With Just 21 Million TokensWhen the Bitcoin whitepaper was published by 'Satoshi Nakamoto' in 2008, there was a strong focus on the network's tokenomics. Put simply, Nakamoto opted to limit the overall supply of Bitcoin to just 21 million tokens. Not only that, but new BTC tokens will enter circulation every 10 minutes.
This means that in approximately 2140, the 21 million cap is likely to be reached. This limited supply over a long period of time is one of the reasons why Bitcoin is considered a store of value. There is an expectation that demand for Bitcoin will continue to increase as people become more aware of its benefits, so the upside potential is significant.
Another notable feature of Bitcoin's supply is its halving mechanism. Originally, 50 BTC was released into circulation on a 10-minute cycle. Through several 'halvings', this has since been reduced to 6.25 BTC. In March 2024, Bitcoin is expected to halve again. This will reduce the 10-minute minting cycle to just 3.125 BTC.
6. Yearn.Finance - DeFi Crypto With Low Circulating Supply of Just 36,637 YFI TokensYearn.Finance has one of the lowest token supplies in this industry. At just 36,637 YFI tokens, this represents both the maximum and circulating supply. Naturally, with a market capitalization of over $335 million, Yearn.Finance is also behind one of the most expensive cryptocurrencies. Right now, buying a YFI token will cost more than $9,000.
During the most recent crypto bull market, YFI hit an all-time high of over $66,000. For those new to Yearn.Finance - the project has built a decentralized finance ecosystem. Similar to Uniswap and ShibaSwap, Yearn.Finance matches investors and borrowers through a decentralized framework.
This means that investors can earn a yield without a third party. In turn, Yearn.Finance users can borrow funds at competitive rates without a credit check. The YFI token is a utility currency of the ecosystem. As such, holding YFI offers exposure to the development of the platform. Compared to its former all-time high, YFI can be bought at a discount of 86%.
7. Maker - Decentralized Autonomous Organization With a Low Supply Governance TokenThe Maker Protocol is a decentralized autonomous organization (DAO) that aims to democratize everyday financial services. The project is home to two different tokens. First, there is DAI - which is a stablecoin pegged to the US dollar. Second, there is MKR, the governance token of the Maker Protocol.
MKR is one of the best crypto coins with low max supply. After all, the maximum supply is fixed at just 1,005,577 tokens. The vast majority of MKR tokens (977,631) are already in circulation. This is good news for investors, as the tokens are not held by the project itself. Moreover, MKR has an appealing market capitalization of just under $870 million as of writing.
This prices each MKR token at $888. Although this might appear expensive, MKR has a 52-week high of almost $2,500. Back in April 2021, MKR was priced even higher at over $6,000. Therefore, buying MKR today offers a discount of over 85%. If MKR can recover its $6,000 all-time high during the next crypto bull run, an upside of 575% will be achieved.
8. Dash - Established Privacy Network With a Maximum Supply of Under 19 Million TokensDash is a privacy-focused blockchain network that was launched in 2014. Much like other privacy coins - such as Monero and Zcash, Dash facilitates complete anonymity. This means that unlike Bitcoin and Ethereum, it is virtually impossible to connect transactions to the identity sender and receiver.
This concept has served Dash holders well in terms of investment gains. For instance, Dash was priced at $0.33 in 2014. As of writing, Dash is trading at nearly $56. This represents investment gains of nearly 17,000%. Dash is also one of the best cryptocurrency with low circulating supply.
Just 18.9 million Dash tokens will ever exist, and currently, 70% of the supply is in circulation. An important aspect of Dash's supply is its proof-of-work (PoW) algorithm. Just like Bitcoin, this ensures that Dash tokens enter circulation in small and pre-programmed increments. As a truly decentralized project, this framework is immutable.
9. AAVE - Low-Supply DeFi Ecosystem With Attractive APYsAAVE is another DeFi ecosystem that has a low token supply. Although AAVE is built on the Ethereum framework, it also supports other network standards. This includes Polygon, Avalanche, Harmony, and others. In terms of APYs, AAVE offers 3.29% and 2.91% on Tether and Ethereum, respectively.
Borrowing rates are also reasonable. For example, borrowers will pay just 4.08% and 4.64% taking out a Tether or Ethereum loan, respectively. AAVE also has its own utility token of the same name. The maximum supply of AAVE is low at just 16 million tokens. Moreover, 88% of the total supply is already in circulation.
In terms of pricing, AAVE is currently trading at $75. This is 70% lower than its 52-week high of $260. With that said, AAVE was trading at over $600 during the previous crypto bull run. In comparison, current prices are almost 90% lower. Nonetheless, AAVE is a solid project with a long-term future - so this offers a great entry price.
10. OKB - Native Utility Token of the OKX ExchangeOne of the best exchange-backed crypto tokens in the market is OKB. This token fuels the OKX exchange, which is one of the largest in this industry. Some of the main uses for OKB include access to specialist derivative products, lower trading fees, and voting rights. The latter enables OKB users to have a say in the future of the OKX exchange.
Additionally, OKX enables OKB holders to earn passive rewards. For example, depositing OKB into an OKX savings account will yield an APY of 5%. Best of all, this is a flexible account, so withdrawals are approved instantly at any time. When OKB was launched in 2019, it was priced at just $1.60.
Even though we are currently in a bear market, OKB is trading near all-time levels. For instance, OKB is priced at $47 and its all-time high stands at $58. This means that OKB continues to outperform the broader market. Compared to its original listing price, early OKB holders are looking at gains of nearly 3,000%.
How to Find the Best Low Supply Cryptocurrency to BuyChoosing the best low supply cryptocurrency requires a solid due diligence process. Not only in terms of the circulating and maximum supply but also the fundamentals of the chosen project.
Consider the following when selecting the best low supply crypto for 2023.
TokenomicsThe first step is to research and assess the tokenomics. There are two figures, in particular, to look for:
What is the maximum supply of tokens?
What is the current circulating supply?
Ideally, investors should focus on projects that have a low maximum and high circulating supply, respectively.
This means that the vast majority of tokens are already in the open market, so are not controlled by the project itself.
Do note that some projects do not have a maximum token supply. This means that the project can continue creating more tokens, which will devalue the cryptocurrency in the long run.
This is why we prefer projects like Love Hate Inu. Of the maximum supply, 90% of its LHINU tokens will be sold during the presale.
This prevents the threat of a rug pull and the LHINU token from being devalued through inflation.
Quality PresalesAnother way to find a top penny crypto with low supply is to search for presale campaigns. We have already discussed some of the best presales available right now - including Love Hate Inu and Fight Out.
To recap, Love Hate Inu is building an innovative vote-to-earn concept. This will reward users for voting via the blockchain. As its LHINU token is currently on presale, investors can get the lowest price possible.
This is also the case with Fight Out, which has already sold more than $5.4 million worth of FGHT tokens. Fight Out is building a move-to-earn fitness app that rewards people for exercising. Both of these presale projects offer the perfect balance between innovation and solid tokenomics.
ConclusionLow supply cryptocurrencies are increasingly becoming popular with long-term investors. When a low supply token remains in demand, investors can target solid gains over time.
The best low supply cryptocurrency to invest in 2023 is Love Hate Inu. This vote-to-earn project is selling 90% of its supply via a presale campaign and it's already raised over $500k. This means that just 10% of the initial supply will remain out of circulation.
Best of all, the Love Hate Inu presale has just launched, so the lowest price possible is still available. It takes just minutes to buy LHINU tokens, with current prices 70% lower than the eventual exchange listing.
Visit Love Hate Inu Presale
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Alex Brown
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