After a rough 2022 for the crypto world, the bear market may have finally bottomed out. Of course, experienced people who invest in crypto know that buying at the lowest point of the market is a dream scenario, so many are looking for which projects show signs of being the best crypto for 2023.
These top 10 best crypto projects highlight the investments that can make you rich in 2023, so take a look!
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Metacade recently launched its presale and aims to disrupt the Web3 gaming arena by building an innovative community hub for gamers and crypto-fanatics to connect through their shared passion for gaming. The platform offers play-to-earn (P2E) features, tournaments, leaderboards, beta testing features and GameFi alpha.
Metacade has plans for many interesting features on its white paper, including a launch pad for game development. Game designers can compete for Metagrants on Metacade, which allow them to earn money to create new games for the platform’s arcade.
Metacade also provides several other revenue streams for the project, such as job postings, contest entry fees, and selling ads on the platform. These will help Metacade become a self-sustaining, revenue-generating community with its own cash reserve.
The project’s utility token, MCADE, is widely used across the platform. Not only can the token be wagered, it is also used for all transactions on the platform, from pay-to-play arcade to purchasing merchandise.
A maximum supply of just 2 billion tokens and talk of buybacks and token burns means that as Metacade adoption grows. Token demand will also increase, which is likely to result in an increase in prices and huge profits. The presale performance of the project shows that smart people investing in crypto should not waste time. Metacade’s pre-sales raised nearly $1 million in the first three weeks.
In addition, those investing in crypto are assured of the project’s security thanks to the audit by Certik, an industry leader in blockchain security auditing and transparency. As a result, an investment in Metacade during the pre-sale has the potential to make you rich.
>>> You can here participate in the Metacade presale <<
The so-called XRP Army has supported Ripple for years. But with the long-running SEC lawsuit reportedly moving closer to resolution, a price rally for XRP is a distinct possibility.
For those new to crypto, XRP is the original digital asset in a blockchain-based digital payment network created by Ripple Labs to enable fast, secure and low-cost international payments. XRP is stored on the Ripple network and is designed to act as a bridge currency between two different currencies.
XRP is popular among banks and other financial institutions for its speed and security, making it an attractive option for international payments. However, the SEC case has slowed adoption and kept the price much lower than its all-time high – in fact, XRP is still down 90% from its high of five years ago.
While many people investing in crypto are willing to bet on Ripple winning the SEC case, many people with large bags of XRP have been waiting a long time to sell. So while there may be some positive price movement if Ripple wins, it may not be as far or as long as many XRP fans hope.
Quant Network (QNT)
Interoperability is a major challenge for Web3, and Quant Network has focused exclusively on the business domain to master the payment revolution powered by blockchain. Led by a former Bank of England CTO, Quant Network boasts a number of significant real-world use cases, such as a digital LATAM dollar, through their involvement in the LACCHAIN project.
Several projects may come online for Quant Network in 2023, so despite the difficult situation in many markets, the price of the QNT token may buck the trend of established projects.
Quant Network is a strong project and can expect some performance. With a market cap of over $2 billion, a good year for Quant Network would only result in a maximum 30-40% improvement in the token price by the end of the year. This rise may not be in the same league as projects like Metacade, but still worthy of our list of the best crypto of 2023.
Everyone knows that Bitcoin is the OG that started it all. BTC has proven that it is here for the long haul. But is it a good investment?
Bitcoin was created in 2009 by Satoshi Nakamoto as a decentralized, peer-to-peer payment system that allows users to make secure online payments without an intermediary such as a bank. Bitcoin is powered by blockchain technology with a distributed public ledger that records and validates all cryptocurrency transactions.
The benefit of investing in Bitcoin is the potential for long-term price appreciation. BTC has grown in popularity over the years and its value has skyrocketed, making it a lucrative investment opportunity for those who invest in crypto and are willing to wait years for it to increase in value. The price of Bitcoin is very volatile, but it can be very profitable in the long run.
Unfortunately, the days of BTC rising 1000x are long gone. This is one of the main reasons why people who invest in crypto, looking for amazing profits, tend to avoid BTC and focus on exciting new projects going on pre-sale. Nevertheless, in the long run, BTC still offers a good chance to rise, just not as good as projects like Metacade, which are still in the presale stage.
As one of Elon Musk’s favorite crypto projects, Dogecoin has a huge following and is known as the original meme coin. What started as a joke in 2013 has since become a legitimate investment opportunity.
Dogecoin has many advantages over other types of cryptocurrencies. Since the Dogecoin network is very large, transactions are fast and secure. Additionally, the Dogecoin community is incredibly active and supportive, so there are many resources available to help new crypto investors learn how to trade and use Dogecoin.
Challenges facing Dogecoin are its ever-growing supply and lack of utility. With supply increasing every year, more and more money is needed to maintain the current price. Although Dogecoin has played the role of a good alternative to Bitcoin, it does not support enough transactions – or complete them quickly enough – to be a viable token for large payments.
Despite this, Dogecoin has a large following and with more celebrities it could see another rise to its previous heights from speculation alone.
Ethereum continues to dominate the layer-1 protocol space, with the recent success of The Merge (Ethereum moving to proof-of-stake) cementing its place as the leader of smart contracting blockchains.
Ethereum has been around for many years and has an active community of developers and users who are constantly innovating and helping to improve the platform. For example, the Ethereum Improvement Proposal (EIP) process helps keep the protocol updated with new features and improvements and continues to benefit from the involvement of Ethereum founder and crypto celebrity Vitalik Buterin.
While Ethereum is certainly a good investment choice, it is very well known. Furthermore, with so many competing layer-1 protocols now in the space, it seems unlikely that Ethereum will post the gains of recent years. However, like Bitcoin, Ethereum still appears to be a good investment choice compared to non-crypto options and may still rank high when looking at the best crypto for 2023.
Cardano is a layer-1 protocol whose vocal founder, Charles Hoskinson, has demonstrated his desire to connect with the community through years of holding public “ask me anything” sessions on his YouTube channel.
A major difference between Cardano and other projects is the careful and academic approach the team takes to making changes to the protocol. Nothing can go into production without being peer reviewed, which has helped Cardano build a significant following.
With Cardano’s large community, the price of its native token, ADA, is already based on speculation. This speculative pricing means that people investing in crypto are unlikely to find life-changing profits by buying ADA right now, but there could still be healthy returns if it can retain some of the tier-1 market share while the overall crypto market is is growing.
Chainlink is a decentralized blockchain-based project that provides a secure and reliable connection between off-chain data and blockchain-based smart contracts. The project aims to build a bridge between the off-chain and on-chain worlds.
Chainlink allows developers to create secure and reliable smart contracts that connect to real-world data. It provides secure and reliable access to real-world data, events and payments for blockchain-based smart contracts through the Oracle Decentralized Network (DON).
Chainlink has over 1,000 integrations and is the market leader in the Oracle space, making it well on our list of the best crypto for 2023. The problem for people investing in crypto is that years after its launch, only half of it total LINK offers are in circulation. In addition, the Chainlink team regularly sells LINK tokens to fund their operations. These factors make it very unlikely to see the huge profits that most crypto people who invest in crypto want.
Metacade is clearly the best investment
The crypto community is full of exciting investment opportunities – many with the potential to make you rich. However, some projects have more potential to grow than others. Metacade, with its focus on the growing gaming community and strong presale performance, shows real potential to make crypto investors rich.
You can here buy the best cryptos in the presale at eToro.
You can here participate in the Metacade presale.