The Promising Cryptocurrencies of 2023

The best 8 coins of 2023

The year 2023 is promising for crypto. Many projects that have been around for a while will add new services and use cases, while new, innovative projects bring a breath of fresh air to the crypto world.

This article provides an overview of new and existing coins, without a specific ranking, that provide a good investment opportunity in 2023.

Dash2Trade (D2T)

Dash 2 Trade is a promising new project that is highly anticipated in 2023. The wide range of services offered on the platform enables traders to make better trading decisions. For example, the platform offers market analyses, interaction between users is possible and there is a strategy tool to test strategies before they are actually put into use.

The presale has already raised more than $10 million and will end on January 5th. Investors expect significant price increases once the token is listed.

Fight Out (FGHT)

Despite the bear market, move-to-earn (M2E) platforms have proven to be a huge success in 2022. Fight Out is a new M2E platform that is gaining a lot of attention in the crypto community. While other M2E platforms reward users for steps, Fight Out rewards users for completed workouts. The platform provides customized trainings to the users, as a reward after completion the users get crypto. Competitions are also organized and the FGHT token can be used to receive higher rewards.

The presale brought in approximately $2.5 million in just 48 hours. The expectation is that the next round of pre-sales will bring in even more money.

IMPT.io (IMPT)

IMPT.io is an environmentally friendly new project that takes an innovative approach to carbon credits. By connecting eco-friendly companies with users who want to offset their carbon footprint, they want to make carbon credits available to everyone. The project is getting a lot of attention because NFTs and CO2 trading are being linked together.

The presale proved to be a huge success, raising more than $20 million for the project. Because the project offers so much ease of use, many large companies are interested. Big companies like Amazon, Microsoft, Samsung and countless other smaller companies have invested. Therefore, the price of IMPT is expected to be 50 times higher by the end of 2023.

ArbiSmart (RBIS)

The ArbiSmart project is a hub for wallet and financial services in one. It is gaining more and more attention as it has a good reputation and loyal user base since its launch in 2019. It has earned this reputation by consistently delivering reliable payment. However, ArbiSmart will innovate by adding even more services to the project.

In the first quarter of 2023, the project will expand with its own cryptocurrency exchange, an NFT marketplace and a unique DeFi protocol. The DeFi protocol allows users to use yield farming services with ArbiSmart’s NFTs. It allows users to increase their profits.

Recent analyzes expect a 950% increase in price by the end of the first quarter of 2023. This is due to the introduction of the new services and will increase the demand for the RBIS token.

Ethereum (ETH)

Ethereum has lost a lot of value in 2022, but the year 2023 looks better for Ethereum. One of the reasons for this is the introduction of ‘sharding’ in 2023. ‘Sharding’ means dividing the database into smaller pieces that increase scalability. Due to this increased scalability, more transactions can be processed per second, which will probably attract more projects to the network. In addition, Ethereum aims to unlock staked ETH and associated reward in the first quarter of this year. This will increase the popularity of the token.

Because of these changes, some believe that ETH may overtake Bitcoin in terms of market capitalization. Until recently, this was considered impossible.

Bitcoin (BTC)

With a market cap of over $323 billion, Bitcoin is still the king of crypto. Despite a drop in price of around 50% in 2022, Bitcoin is still worth 12,300% more than in April 2013. This is due, among other things, to the limited supply of 21 million Bitcoins, when demand increases, the price will also increase.

Due to the crash of FTX in 2022, many investors believe that regulations will be made regarding crypto. Because Bitcoin is the market leader in crypto, it is therefore expected that large organizations will see Bitcoin as an interesting investment.

Cardano (ADA)

Cardano also suffered a significant price drop during the bear market. But by 2022, the Cardano network will be heavily used, for example, 50% more wallets will be created and there will be a 139% increase in the number of transactions. So it looks like the coin will once again be an interesting investment.

To maintain this increase, Cardano will launch its own stablecoin this year. In addition, it plans to introduce NFTs to increase the usability of Cardano in 2023.

Sandbox (SAND)

The Sandbox is one of the biggest projects in the metaverse. Users can create games on the platform with the Game Maker software, buy real estate to earn LAND tokens, and create objects with the VoxEdit tool. By creating objects, users can earn ASSET tokens, which can be sold in the metaverse for SAND tokens. The property and objects are displayed with 3D blocks, making it comparable to games like Minecraft and Roblox.

The Sandbox has collaborations with popular brands such as Atari, Warner Music Group, The Walking Dead and Snoop Dogg. Partly because of this, the sandbox is growing in popularity and the coin is an interesting investment opportunity. The price is increasing and the prediction is that the price will have increased by 142% by the end of 2023.

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