Top Cheap Cryptocurrencies to Invest in 2023

1. Cardano (ADA):
Cardano has consistently ranked among the top cryptocurrencies by market capitalization, yet its price remains accessible. Known for its scientific approach and strong development team, Cardano is seen as a long-term investment. In 2023, the anticipated implementation of smart contracts and the continued expansion of its ecosystem make ADA a strong contender for affordable crypto investments.

2. Polkadot (DOT):
Polkadot is designed to enable different blockchains to interoperate, creating a multi-chain ecosystem. Its innovative technology and potential for scalability have attracted significant attention. Despite its relatively low price compared to Bitcoin or Ethereum, DOT offers substantial upside potential, especially as more projects build on its network.

3. Chainlink (LINK):
Chainlink has established itself as a leader in decentralized oracles, which are crucial for integrating real-world data into smart contracts. As more decentralized applications (dApps) are developed, the demand for reliable oracles will grow. LINK is priced affordably, making it an attractive option for those looking to invest in the infrastructure of the decentralized future.

4. Algorand (ALGO):
Algorand is a blockchain that aims to solve the trilemma of scalability, security, and decentralization. With fast transaction speeds and low fees, Algorand has positioned itself as a competitor to Ethereum. Its partnerships with governments and institutions add to its credibility and growth potential. At its current price, ALGO represents a promising investment in 2023.

5. VeChain (VET):
VeChain is focused on supply chain management and business processes, using blockchain technology to enhance transparency and efficiency. The real-world use cases for VeChain continue to expand, with partnerships in industries ranging from luxury goods to agriculture. VET's low price makes it an appealing option for investors looking to capitalize on the growing adoption of blockchain in enterprise solutions.

6. Stellar (XLM):
Stellar is designed for cross-border payments and has partnered with major companies and financial institutions. Its mission to provide affordable financial services to the unbanked makes it a socially impactful investment. XLM's price remains low, but its potential for facilitating global payments gives it considerable upside.

7. Avalanche (AVAX):
Avalanche is a platform for launching decentralized finance (DeFi) applications and enterprise blockchain deployments. Its unique consensus mechanism offers high throughput and fast finality, which has made it popular among developers. As DeFi continues to grow, AVAX, with its relatively low price, presents an opportunity for significant returns.

8. Zilliqa (ZIL):
Zilliqa was the first blockchain to implement sharding, a technology that improves scalability. As more decentralized applications are built on its platform, Zilliqa's utility and value are expected to rise. ZIL is still relatively cheap, making it an accessible option for investors interested in emerging blockchain technologies.

9. Elrond (EGLD):
Elrond is known for its high-speed transactions and low fees, aiming to create a new internet economy. With its Maiar wallet and growing ecosystem, Elrond is gaining traction in the crypto space. Despite its recent price increases, EGLD remains affordable compared to many top-tier cryptocurrencies, offering potential for growth.

10. Hedera (HBAR):
Hedera Hashgraph uses a unique consensus algorithm that promises high transaction speeds and security. Its governance model, involving major corporations like Google and IBM, adds to its legitimacy. HBAR's price is still within reach for most investors, making it a compelling choice for those looking to invest in scalable and enterprise-grade blockchain technology.

In Conclusion:
Investing in cryptocurrencies, especially those that are priced affordably, requires thorough research and a good understanding of the market dynamics. The cryptocurrencies listed above have shown potential in 2023, either through technological innovation, real-world use cases, or strong development teams. As with any investment, it’s crucial to consider your risk tolerance and investment horizon before making any decisions.