Crypto growth

Crypto to watch in 2023. New strategies?

By GMM | Crypto experiences | 6 Apr 2023

Cryptocurrencies have been making headlines for a few years now, and 2023 is set to be no different. With new tokens and blockchain technologies emerging every year, it's hard to keep track of which ones are worth investing in. Here are the five most interesting cryptocurrencies to watch in 2023, under my personal opinion.

  1. Bitcoin (BTC)
    Bitcoin remains the most well-known cryptocurrency and the largest by market capitalization. Despite its volatility, many investors still believe in its potential for growth. With the upcoming halving event in 2024, where the number of new bitcoins mined per block will be cut in half, the value of Bitcoin could potentially increase. There are several predictions of very important increase in value on internet that probably will sustain a certain growth in any case.

  2. Ethereum (ETH)
    Ethereum is the second-largest cryptocurrency after Bitcoin, and it has a lot of potential for growth. Its blockchain technology is used for creating decentralized applications (dApps), which has led to the rise of the decentralized finance (DeFi) industry. With more developers building on the Ethereum platform, the value of ETH is likely to increase. It is anyway one of the most known crypto for common people and demonstrated a good stability over time.

  3. Cardano (ADA)
    Cardano is a newer cryptocurrency that has gained popularity for its unique approach to blockchain technology. Its proof-of-stake consensus algorithm is designed to be more energy-efficient than Bitcoin's proof-of-work algorithm. Cardano also has a strong focus on governance and scalability, which could make it a popular choice for businesses and governments.

  4. Polkadot (DOT)
    Polkadot is a cryptocurrency that aims to connect different blockchain networks together. Its interoperability could potentially solve the issue of blockchain fragmentation, where different networks are unable to communicate with each other. With more projects building on Polkadot, the value of DOT is likely to increase.

  5. Solana (SOL)
    Solana is a newer cryptocurrency that has gained popularity for its fast transaction speeds and low fees. Its blockchain technology is designed to be scalable, which could make it a popular choice for businesses and developers. With more projects building on Solana, the value of SOL is likely to increase.

In conclusion, these five cryptocurrencies are worth watching in 2023.

As always, do your own research in any case and invest wisely.

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Crypto experiences
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