The fact that digital currencies are here to stay is no longer news. Despite the high volatility risk, cryptocurrencies are a viable investment option. As the year ends, crypto investors and enthusiasts are wondering which cryptocurrency coins to buy in 2023.
This article looks at the best cryptocurrencies experts expect to buy in 2023.
1. Tezos
Tezos is a cryptocurrency that is rapidly growing in popularity. It is currently ranked #18 in the cryptocurrency world and provides an impressive decentralized system, making it an excellent choice for DeFi enthusiasts. Besides, platform users can vote on upgrades without fear of hard forks.
Tezos runs an open-source blockchain system that allows for peer-to-peer networks, dApps, and smart contracts. The ICO on Tezos is impressive, totaling 65,681 BTC and 361,122 ETH, and was worth $232 million at the time.
This performance comes as no surprise, given the Tezos price prediction. The forecasts for this token are impressive and may increase trust in it. It is expected to be worth hundreds of times more than now. The market capitalization and trading volume indicate success.
2. IMPT Token
A green token called IMPT seeks to revolutionize the carbon credit market. There are significant issues in this area right now. Because of the market’s lax regulation, fraud is frequent.
Because the IMPT project is built on a blockchain, all transactions are transparent. The tokenization of each carbon credit and conversion to NFT will prevent reuse. After burning a carbon credit unit, a special NFT with an eco-themed design will be given to the user.
The IMPT token will serve as the project’s focal point. Users can obtain it by making purchases from environmentally conscious companies. Over 10,000 reputable companies have already committed to working on the project as of right now.
The cryptocurrency is available for purchase for as little as USD 0.018 per token. The developers intend to list the token on exchanges following the conclusion of the pre-sale phase.
3. Dash 2 Trade
Because of the useful information provided by its social trading platform, the Dash 2 Trade coin is expected to be an investor favorite in 2023. The platform’s crypto analytics and market signals provide real value to new and experienced crypto investors.
D2back T’s tester feature also allows users to simulate actual trading situations without risking real money, which is useful for both new and experienced traders. Veteran investors can tailor their trading strategies and keep up with the latest trends and updates for profitable Trading. A token like this, backed by a high-value platform, is a “must-buy” in 2023.
4. Tamadoge
The Tamadoge token has its purpose despite being a meme coin. In the cryptocurrency game, coin owners can earn tokens and use them to purchase various goods. The ecosystem as a whole will incorporate digital currency.
The creators intend to release a cryptocurrency game where players can raise a virtual pet. Players can battle with them in an arena once they reach adulthood and earn tokens for each victory.
At the initial pre-sale stage, the project has already piqued investors’ interest. Investments made since then total $19 million.
The price of the token increased consistently during each stage of the pre-sale. Following the beginning of its first listings on stock exchanges, both centralized and decentralized, its value experienced yet another significant increase. Each NFT pet will have a 3D representation in its own metaverse as part of the project.
5. COMP Token
Another cryptocurrency that investors should pay attention to is the COMP token. Additionally, it is the most prominent cryptocurrency platform in the quickly expanding DeFi market.
Recently, Compound Vault, which is only meant for financial institutions, debuted on Compound. These organizations can earn up to 4% interest in USD once they sign up.
The introduction of this technology will increase the COMP coin’s liquidity. The Compound project will likely establish the first crypto bank.
6. XRP
The XRP token’s supporters insist that its value will rise by a factor several times. The ongoing legal dispute between the SEC and Ripple is largely to blame for the temporary stagnation of the exchange rate. After it is over, XRP’s value might increase rapidly.
A global platform called Ripple makes money transfers easier. Currently, major financial institutions are the project’s main users. Its main objective is to enter the banking system and expand the use of blockchain-based payment methods for cash.
The XRP coin’s longstanding position as one of the top tokens in market capitalization is another noteworthy aspect.
7. ApeCoin Token
Another cryptocurrency this year that merits attention is called ApeCoin. As early as 2023, the market could explode with it. It is a popular cryptocurrency among buyers and is reasonably priced. The token used to power the Ape DAO connected to the Bored Ape Yacht Club NFT collection is called ApeCoin.
According to rumors, the Bored Ape Yacht Club launching its metaverse had investors more interested in the cryptocurrency. Holders of ApeCoin can use the tokens to make transactions inside the project.
ERC-20 is the foundation of ApeCoin. The project’s creators are now using the token to increase the platform’s functionality and promote the growth of a decentralized community in Web 3.0.
8. Decentraland (MANA)
Decentraland is the premier Metaverse ecosystem if Ethereum invented DeFi and Bitcoin is the king of digital payments. Decentraland is a blockchain powered by Ethereum with a robust Metaverse ecosystem full of useful features.
Users can do anything on this digital real estate, from gaming to shopping. The LAND tokens represent the real estate parcels on the virtual property. The ecosystem’s native token, MANA, is the foundation for all payments and transactions on Decentraland.
Bottomline
Investing in cryptocurrencies is not easy. Making investment decisions based solely on intuition is insufficient. It takes time and extensive research. As a result, we’ve compiled a comprehensive list of promising tokens based on expert predictions.
