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Summary An electronic implementation of a novel chaotic oscillator with quintic nonlinearity is proposed herein. Dynamical behaviors of the system are investigated using well‐known numerical simulations and analyses such as phase portraits, Lyapunov exponents, bifurcation diagrams, and basins of attraction. The chaotic circuit presents an inversion‐symmetry, and we show that it can exhibit some nonlinear phenomena specific to symmetric systems, such as symmetric bifurcations, symmetric attractors, coexisting symmetric bubbles, and coexisting symmetric attractors. Since symmetry is never perfect, some symmetry imperfections must be always assumed to be present. Thus, an external Direct Current (DC) voltage is introduced in order to highlight the influence of asymmetry on the dynamics of the chaotic oscillator. It is found that more complex nonlinear behaviors occur in the presence of symmetry breaking like asymmetric coexisting bifurcations, asymmetric attractors, coexisting asymmetric bubbles, and coexisting asymmetric attractors, to name a few. The control of multistability is also performed by using the so‐called linear augmentation scheme. Probe Simulation Program with Integrated Circuits Emphasis (Pspice) circuit simulations are carried out to verify the theoretical analyses. Furthermore, a chaos‐based image encryption is investigated using pseudorandom numbers generated by the proposed chaotic circuit and deoxyribonucleic acid (DNA) encoding technique.

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