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Author Topic: A Year For Crypto in 2023? Top Coins to invest in 2023  (Read 414 times)

CoinpediaNews

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A Year For Crypto in 2023? Top Coins to invest in 2023
« on: January 16, 2023, 09:33:15 AM »
For the first time since November 2021, the market capitalization of cryptocurrencies surpassed $1 trillion. Bitcoin's value increased by 7.5% on January 14 to reach over $21,000 as investors look for a possible bottom in inflation. In addition, huge increases were also made by other well-known cryptocurrencies including Ether, Cardano, and Dogecoin. With this gain in crypto market the question of whether this is the start of a new crypto leap or just another bubble, though, continues to linger around for all of us.

A Year For Crypto in 2023?
  • Crypto Market In 2023 Will Be U-Shaped
  • Fast Crypto Transaction Will Be Real
  • 100% Rise On Coinbase Market Cap
  • Shanghai Upgrade To Spike ETH Staking
  • A Slump In ETH
  • Crypto & Equity’s Correlation To Drop Below 0.5
  • USDC To Overshine USDT
  • One More Crypto Unicorn To Tumble
  • Uniswap To Overlap Coinbase’s Trade Volume

Top Cryptocurrency to Invest in 2023
These are - Bitcoin, Ethereum, Binance Coin, Ripple, Bitcoin Cash.

My favourite is
Cardano –
Cardano (ADA), which entered the crypto world a little later, is renowned for using proof-of-stake validation early on. Hydra is the next upcoming upgrade of Cardano for layer 2 scalability solution.
With these upcoming upgrades, we expect the ADA price to reach as high as $0.71 as per coinpedia.
Dogecoin –
The public has taken an interest in the new era meme coins. One such instance is the cryptocurrency Dogecoin. Unlike many other coins, there is no limit on the number of Dogecoins that can be created, which leaves the currency susceptible to devaluation as supply increases.
The year 2023 has started with a positive note as the dogecoin price has gained over 15% within the last 7 days, with a high of $0.092 on 14th Jan.
Polkadot –
The protocol cryptocurrency also aims at a peer-to-peer network, decentralized cryptocurrency, with a motive to weave all the different blockchains.
Polkadot welcomes adoptions and utility, alongside its escalating rise with parachains. The network would witness a rise in sentimental beliefs and volumes. This could propel the dot price prediction as projected by coinpedia to close the trade for the year at $7.6845.
« Last Edit: January 16, 2023, 09:36:21 AM by CoinpediaNews »

 

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